Funding & Business
Fed’s Powell on Importance of Bank Capital Framework
Federal Reserve Chair Jerome Powell underscored the need for the banking system’s capital framework to work together effectively, adding that competition is also crucial for the banking industry. Powell delivered introductory remarks Tuesday at the Fed’s “Integrated Review of the Capital Framework for Large Banks Conference.”
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“Bloomberg Markets” follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today’s guests: University of Kansas Associate Professor of Public Affairs and Economics Misty Hugeness, Empower Chief Investment Strategist Martha Norton, Bloomberg’s Molly Smith and Caroline Hyde. (Source: Bloomberg)
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Bloomberg’s Ian King breaks down comments by Qualcomm CEO Cristiano Amon, after Amon indicated that Intel’s chip production capacity is ‘not an option’ for the company to use to outsource manufacturing. (Source: Bloomberg)
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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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