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Bloomberg

Trump Allies See Path to Oust Fed Governor in SVB Review

Some Trump administration officials and allies have privately discussed whether an external review of the 2023 failure of Silicon Valley Bank could provide a legal basis to remove Fed Governor Michael Barr from the central bank's board, according to people familiar with the matter. Alister Bull reports on Bloomberg Television.

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Bloomberg

Barclays Says 'Risks' Are for a Federal Reserve Rate Hike

Themistoklis Fiotakis, Barclays FX and EM macro strategy global head, discusses inflation expectations in the US and the oil market. "I think that the risks are for a hike," Fiotakis tells Bloomberg Television. He adds that should the Federal Reserve decide to raise interest rates, the central bank is "unlikely to go once" and the market is "not going to price one hike."

Leia mais: Barclays Says 'Risks' Are for a Federal Reserve Rate Hike
Bloomberg

BNP Paribas 'Firing on All Cylinders,' CFO Says

BNP Paribas Chief Financial Officer Lars Machenil speaks on Bloomberg Television as the bank reported better-than-expected revenue and profit for the second quarter. "We are really firing on all cylinders and ready to continue to support the economy," he says. "It is really the three divisions that are working collectively and that are boosting the result," Machenil adds.

Leia mais: BNP Paribas 'Firing on All Cylinders,' CFO Says