Funding & Business
Credit Demand is Strong: HSBC's Patrice Altongy
With the rise of issuance in Europe and the US and surge in supply, HSBC Americas Head of Debt Capital Markets Patrice Altongy believes credit demand is ‘super strong.’ She explains more with Scarlet Fu on ‘Real Yield.’ (Source: Bloomberg)
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Funding & Business
Summers on Trump vs Fed, US Jobs Data Battle, Australia’s Gold Rush 2.0, India’s Risk Balance
This week, former US Treasury Secretary Lawrence H. Summers comments on why the markets have been slow to react to President Donald Trump’s efforts to fire Fed Governor Lisa Cook and further change the composition of the FOMC. And, concerns about BLS politicization are growing – what is the real problem behind the jobs numbers? Plus, gold prices near record highs are fueling a mining boom in Australia. Later, India is opening its markets to investors, but can regulators strike the right balance between risk and stability? (Source: Bloomberg)
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Patient Square Capital, the investment firm started by former KKR & Co. dealmaker Jim Momtazee, is exploring an acquisition of health-care services company Premier Inc., according to people familiar with the matter.
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Mark Douglas, MNTN CEO, says Apple has little choice but to develop an AI-powered web search tool for Siri to rival OpenAI. He tells Romaine Bostick and Katie Greifeld on “The Close” that Apple doesn’t have a strong track record on execution. (Source: Bloomberg)
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