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Transcripts For BLOOMBERG Leaders 20240704

Manager, and after 240 years in existence, man group has a woman in charge for the very first time. Robyn grew was promoted from president to chief executive last september. The high point of a 15year career at the firm. The former barrister entered the world of finance three decades ago and never left. Robyn the speed of change, the impact, the global nature, the challenge of it just never stopped getting more and more infectious for me. Francine in this episode of leaders with lacqua, i speak to robyn grew about diversity, purpose, and what the future holds in an everchanging world. Robyn grew, thank you so much for joining us on leaders. The world is a bit strange. There are so many polycrises, or whatever you want to call it. It is just difficult to get a handle of what comes next. Robyn yes, yes, that would be the shortest answer i could ever give, yes. It is difficult. I think that if this year has taught us anything, it is that prediction is not our strongest suit, perhaps, and

Transcripts For CSPAN FDIC 20240704

Good afternoon, everyone. Thank you for coming. My name is ben harris, and as of this very morning, i am the Vice President and director for economic studies of the Brookings Institution. It is a true privilege and honor to have the opportunity to again be joined at this famed institution. There are many reasons why i found a return to brookings appealing, but a major motivation is events like the ones we are hosting today. Fdic chair marty gruenberg, who will be introduced by aaron klein and moments, was one of the key officials to help mitigate the fallouts if the Silicon Valley bank and Signature Bank failures early this year. We are very lucky to happen with us today. I suspect that this afternoons event must feel like a bit of a victory lap to the fdic chair given in 2019 he sadness very real and ward in great detail about the risk of failure by a large Regional Bank. His remarks, which are required reading for anyone trying to understand the issue, he warned of the risks posed by

Transcripts For CSPAN2 Rep. 20240704

Nt is hosted by the brookings institution. David good morning, everybody im director of financial policy here at brookings. Id like to welcome you to this event, both the people in the room and people watching remotely. Our subject today is what lessons we have learned from the really interesting episodes of march, 2023,. A year ago the Global Financial system sthiferred most significant banking stress the Global Financial crisis of 20072008. As you all probably know, Silicon Valley bank failed prompting the fdic take it over in the middle of the day couldnt even wait until the weekend, which is really unusual. Its tempting to see this as a oneoff event. Silicon valley was, for want of a better term, unusual. Almost all its deposits were uninsured, it was woefully unprepared for an increase in Interest Rates, but it was followed by what some have called the panic of 20 if thenature bank and First Republic and oversea credit suisse. To arrest what u. S. Authorities feared was a spreadin

Transcripts For IRINN 20240704

Otc transactions on saturday. It was not done because of the disruption in the systems. Farbours also apologized to the Market Participants and announced that the Technology Management of the Tehran Stock Exchange should be held accountable for this. On the second trading day of this week, glass hall witnessed a slight drop in the total and equal weight index. At on sunday, the value of erd transactions experienced a 10 decrease compared to the previous trading day. In the second day of the stock market trading, the indicators of the glass hall again decreased in height. On this day , the total index stood at the level of 2,160,000 units with a negative return of 16 hundred percent, equivalent to 3,494 units. The equalweighted index also moved in line with the total index, with the difference that the trading prices of small market stocks experienced a smaller decrease compared to the branch makers. On this day, the equal weight index reached the level of 7,3812 units with a negative r

Transcripts For CSPAN Rep. 20240704

Cspan is your unfiltered view of government. Were funded be by these Television Companies and were including buckeye broadband. Buckeye broadband supports cspan as a Public Service along with these other television provers. Giving you a front row seat to democracy. Republican congressman Patrick Mchenry of north carolina, chair of the House Financial Services committee, spoke about the collapses of Silicon Valley bank and Signature Bank last year, two of the largest Bank Failures in u. S. History. Congressman mchenry discussed the role of the Federal Reserve and federal Deposit Insurance Corporation Bank Regulation and Risk Management. Thisookings institution. Q3 david good morning, everybody, im director of financialhere a. Id like to welcome you to this event, both the people in the room and people watching remotely. Our subject today is what lessons we have learned from the really interesting episodes of march, 2023. A year ago the Global Financial system sthiferred most significant

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