Citi's Fraser on First Republic, Jobs, Real Estate
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- Опубліковано 30 кві 2023
- Citigroup Inc. Chief Executive Officer Jane Fraser talks about the purchase of First Republic Bank by JPMorgan, the odds of a US recession, hiring at her firm, and commercial real estate in New York City. She speaks to Bloomberg's Sonali Basak the Milken Institute Global Conference in Beverly Hills, California.
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Bloomberg should invest in a noise cancellation microphone.
they just need a noise gate. Not hardware, but software. Disappointingly easy fix, given that you can get this for free lol. Just incompetent :P
@@alexanderjosmith Very true. A low pass filter will probably remove much of the low frequency background noise in the after processing of the video.
Such a great interview with terrible sounding recording
Was this interview recorded on a phone?
When does she talk about real estate?
During a secret Meeting at Jekyll Island in 1910, were they laid the foundations for the Federal Reserve System, they also designed a system that would put a at disadvantage the small banks. We can see today the effects of those decisions over 100 years later.
Sure the system is sound, only about 90% of the banks are screwed 😅😅😅
The banking crisis "contagion" is government bonds. The banks are coerced and forced to buy the government bonds with customer deposits.
Buy AMC before the squeeze. Semper Fi
Look, blame can not be served. People consume the product unconsciously. If the product works, people are happy. If it doesn't, people swear they are the devil himself.
Jane Frazer: “I am not going comment on what the politicians should do… I will comment on the consequences..”
Regulators did their job? What! Regulators did not do their job. Bank failure in the US is a Fed caused issue.
Bank failures are inevitable because capitalism is not a sustainable economic system. Capitalism relies on the poor to keep the rich fat and happy.
How? At least give a reason when u make a statement.
Poorly manage? 1st republic executives sold their shares
@$147
Why are they interviewing is such a noisy place
Ah. Bloomberg is at the reptilians convention
This problem is systemic, I say this because during the long time of low interest rates all banks have very limited way of making money on such low interest rates at the time. They all have some sort of the same problems, just the matter of how much exposure of the interest rates. The bigger banks may have more options say exposure of commercial property mortgages of let's say Manhattan and the remote working life style is killing banks who hold onto commercial mortgage for Manhattan buildings.
Recession is already here
share holders got $0
She advocates for the current system as a PR pro Look at the evidence.
Citi sucks and will never get any of my funds. Whenever I call, they transfer me to someone who can barely speak English.
Bulls***
Smarter woman, take a page Jamie
What a lie a lot of people lost lot of money over her saying we bit it in the bud all is OK
Trump2024
She looks like mom from futurama
Should have asked her when they are going to stop screwing over shareholders and start to buy back shares again.
Shareholders are always behind depositors. Some stocks go to zero and stay there.
So you're wondering when capitalism will become humanitarian.
Right....