HSBC-Ping An Showdown Looms
Ping An’s fight for an overhaul at HSBC comes to a head later today. HSBC shareholders are gathering for the annual general meeting to potentially decide whether to spin off…
Banking Crisis | Bloomberg Surveillance 03/24/2023
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading…
Swiss National Bank Says it would backstop Credit Suisse
Switzerland’s central bank and financial regulator saidCredit Suisse Group AGwill receive a liquidity backstop if needed, in an effort to arrest the slump in confidence around the troubled lender.Bloomberg’s Sally…
Ava Lab’s Wu on SVB: This Is a Classic Bank Run
Ava Labs President John Wu discusses Silicon Valley Bank’s shares sinking 60% on Thursday, the reason’s behind the fall and his exposure to the bank. He speaks on Bloomberg Technology….