Wells Fargo CFO Talks Earnings

Former Federal Reserve Bank of St. Louis President James Bullard, a contender for the next US central bank chief, called for a percentage point of interest-rate cuts this year, with scope to do more in 2026. He speaks on the sidelines of the Jackson Hole Economic Policy Symposium ... Show More

Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), reacts to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium with Bloomberg's Tom Keene, Annmarie Hordern and Michael McKee.See omnystudio.com/listener f ... Show More

PIIE President Adam Posen says “it was the world of central bankers rallying around Jay and the Fed, publicly backing Fed independence,” at the Bank for International Settlements’ annual meeting in late June and the European Central Bank’s Sintra conference in early July. He spea ... Show More

Banks in the US are locked in a bitter fight with regulators. It’s all about a proposed set of rules with an unusual name, Basel III Endgame. Regulators say the rules will help avoid future banking crises. Banks say they’re overkill and could hurt everyday Americans. The FT’s US ... Show More

A between-vacations episode in which Katie and Matt discuss Starbucks's new CEO, the capital solutions business, banking hours and being a horse.See omnystudio.com/listener for privacy information. 

Chris Whalen, chairman of Whalen Global Advisors, returns to Forward Guidance to comment on the ample and growing earnings of the big banks (particularly JPMorgan Chase, whose stock surged over 7% on rosy net income and increasing deposits). Whalen argues that banks’ unrealized l ... Show More

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Senior Antitrust Litigation Analyst Jennifer Rie reports on the US Justice Department suing Apple accusing the iPhone maker of violating antitrust laws by blocking rivals from accessing ... Show More

CEO hits out against a short thesis and says 10-K delay won't affect customers. (0:16) Tesla's robotaxi goes to Hollywood. (3:39) Goldman loves gold. (4:29) Show Notes JPMorgan cut to Hold, BofA and Wells Fargo raised to Buy at Deutsche Bank Novo Nordisk warns of continued Ozempi ... Show More

Guests include: Eli Yokley, Political reporter for Morning Consult, Marc Ross, founder of Caracal Global, Alex Wayne, Bloomberg News White House Team LeaderKevin also spoke to Kathy Kraninger, Director of the U.S. Consumer Financial Protection Bureau (CFPB) about the future of th ... Show More

JPMorgan, Citi, BofA, Wells Fargo, Goldman and more on the calendar. (0:17) Hot CPI could slash odds of rate cuts further. (1:49) L.A. wildfires could be most costly ever. (3:27) Show Notes Zuckerberg slams Apple The most overbought and oversold stock markets Episode transcripts: ... Show More

We have had a number of banking CMOs on this show over the years, and, perhaps counterintuitively, every one of them has been insightful and interesting. This week's show continues that trend. Jim's guest on The CMO Podcast is Michael Lacorazza, the Chief Marketing Officer of US ... Show More

P.M. Edition for July 14. Private credit may be Wall Street’s hottest trend, but JPMorgan Chase CEO Jamie Dimon has said that it’s a recipe for a financial crisis. So why is the bank investing $50 billion in private credit anyway? Alexander Saeedy, who covers banks and finance fo ... Show More

Bloomberg Intelligence's Mandeep Singh and Bloomberg News Earnings Reporter Redd Brown react to Alphabet's massive Q2 earnings reportSee omnystudio.com/listener for privacy information.