Bloomberg Markets European Open kick starts the trading day, breaking down what’s moving markets and why. Francine Lacqua and Tom Mackenzie live from London bring you an action-packed hour of news no investor in Europe can afford to miss.
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
Manager and music executive Ibrahim Hamad takes us on his long journey from meeting a then-unknown rapper named J.Cole in college to becoming his manager to helping him build a label, a festival and a media company as partners.
Soaring Glass Costs Bubble for Fevertree: The London Rush
Pound Jumps After Hot UK Inflation ‘Cements’ Quarter-Point Hike
Shock Jump in UK Inflation Pressures BOE Before Decision
Australia Growth Seen Weaker, Recession Risk Rises, Survey Shows
World Bank Chief Calls on China to Restructure Poor Nation Debt
Volkswagen Warns of Significant Drop in Earnings From Car Loans and Leases
Australian Lender Latitude Tumbles After Hack Details Emerge
Biden Stunts Growth in China for Chipmakers Getting US Funds
Virgin Orbit Resumes Some Operations in Bid to Shake off Crisis
TikTok’s CEO Will Tell Congress His App Is Safer Than Most
Ukraine Latest: Zelenskiy Condemns Latest Russian Drone Strikes
How India’s Hunt for a Separatist Preacher Cut Off the Internet for 27 Million People
How Asian Investors Can Navigate Bank Turmoil
SVB’s Loans to Insiders Tripled to $219 Million Before It Failed
Succession’s Brilliant Final Season Veers Into Uncharted Waters: Review
Swiss, Japanese Watch Collectors Outperform with 40% Returns
Quitting London Might Do Little for BAT Stock’s Health
Finally, a Serious Offer to Take Putin Off Russia’s Hands
No, Taxpayers Should Not Underwrite the Banking System
Iranian Activists Want Tech Companies to Ban the Ayatollah
A Visual Guide to How America Uses Freight Trains
Trump’s Tariffs Couldn’t Save the California Olive Industry
First Female Leader at India’s Refinery Builder Plots Big Change
Oklahoma Supreme Court Allows Abortion to Save a Mother’s Life
Beijing Chokes on Dust as Sandstorms Return With a Vengeance
Tycoon Who Made ‘Lucky’ US Wind Power Bet Plans to Invest More
As Amazon’s HQ2 Stalls, Incentives Have, Too
California’s Newsom Scores Win in Bid to Curb Oil Profits
NYPD Blows Overtime Budget by Nearly $100 Million, On Pace for Record
Circle USDC Stablecoin Redemptions Rise to About $6 Billion
Miami and New York’s Crypto CityCoins Meet Quiet Demise
FTX’s LedgerX Attracts Bids From Firms Including Miami Exchange
Silla Brush,
Noah Buhayar and
Allyson Versprille
Subscriber Benefit
Subscribe
As Silicon Valley Bank deteriorated late last year and regulators began internally flagging flaws in its risk management, the lender opened up the credit spigot to one group: insiders.
Loans to officers, directors and principal shareholders, and their related interests, more than tripled from the third quarter last year to $219 million in the final three months of 2022, according to government data.