01:33:55
Columbia Investment Management CEO: The era of zero interest rates is an anomaly.
01:33:07
Citigroup CEO: Sophisticated cyberattacks can be very damaging.
01:27:45
Citigroup CEO: We have a long-term investment bank staffing.
01:27:09
Citigroup CEO: There is a backlog of demand among corporate customers.
01:26:32
Citigroup CEO: We expect that the end of 2023 will be difficult and there will be a recovery in 2024.
01:26:02
Citigroup CEO: The last thing America needs is a debt ceiling crisis.
01:25:45
Citigroup CEO: Not raising the debt ceiling could have very serious consequences.
01:25:13
Citigroup CEO: Everyone needs to pay attention to consumers with low credit ratings.
01:24:19
Citigroup CEO: We are still a long way from a normal credit loss rate.
01:24:01
Citigroup CEO: Any (possible) U.S. recession should be relatively manageable.
01:23:25
Citigroup CEO: Consumers with lower credit scores will feel more pain
01:22:50
Citigroup CEO: The macroeconomic backdrop may not improve in the second half of 2023.
01:22:16
Citigroup CEO: M&A and capital markets are not expected to recover in the second half of 2023.
01:21:42
Citigroup CEO: The US financial system is very strong.
01:21:28
Citigroup CEO: The purpose of the $30 billion deposit is to give First Republic more time.
01:16:38
The Fed accepted a total of $2.24 trillion from 103 counterparties in fixed-rate reverse repurchase operations.
00:50:31
U.S. President Joe Biden: Debt defaults will lead to higher interest rates and send mortgage rates skyrocketing.
00:49:41
Rep. Waters, Democrat of the US Congress: House committees should ask CEOs of bankrupt banks to come forward for hearings.
00:42:25
Market news: U.S. environmental groups sued the Federal Aviation Administration, questioning its authorization of SpaceX to obtain a rocket launch license in southern Texas.
00:40:12
U.S. President Joe Biden: The action on the First Republic Bank has ensured the safety of the banking system.