Herman Chan

Herman Chan, a senior analyst for U.S. regional banks, dives into Huntington Bancshares' $7.4 billion acquisition of Cadence, highlighting its strategic expansion in Texas. Sam Fazeli, director of research for global industries, discusses Novartis' $12 billion purchase of Avidity Biosciences and its post-patent strategy. Lastly, Matthew Palazola, a senior analyst in P&C insurance, analyzes Hurricane Melissa's threat to the Caribbean and the implications for insurance markets, revealing insights on potential economic losses and reinsurance exposures.

Boeing in talks to buy Spirit AeroSystems, New York Community Bancorp shares sinking, markets update, ISM manufacturing data analysis, consumer sentiment insights

Herman Chan, a Senior Analyst at Bloomberg Intelligence specializing in US Regional Banks, dives into the intriguing topic of how American banks are financing their own competition. He reveals that lending to non-bank financial institutions has skyrocketed, with a 16% annualized growth, leaving traditional sectors behind. The conversation also touches on the potential impact of proposed auto tariffs, emphasizing how they could reshape the car market and create both challenges and opportunities for automakers, including a unique advantage for Tesla.

Kay Herr, U.S. CIO at J.P. Morgan, discusses how the government shutdown impacts job and CPI data, which could cloud the Fed's decision-making. Mandeep Singh, Global Head of Tech Research at Bloomberg Intelligence, explores the massive CapEx required for AI, suggesting that investment flows are likely to meet the ongoing demand. Meanwhile, Herman Chan shares insights on regional bank M&A trends and how strategic acquisitions could help stabilize troubled banks, revealing the evolving landscape of the financial sector.

Bloomberg Intelligence podcast features Anurag Rana on Amazon's AI growth, Craig Trudell on Tesla in China, Michael Halen on McDonald's strategy against competitors, and Herman Chan on New York Community Bank's challenges. Max Chafkin discusses Intel's $28B investment in Ohio, and Pol Lezcano talks about potential US tariffs on solar imports.

Ken Griffin, Founder and CEO of Citadel, shares insights on gold's surge as a safe haven amid dollar weakness. He discusses the implications of U.S. fiscal policy and urges for reforms to address soaring deficits. Herman Chan, a regional bank analyst at Bloomberg Intelligence, previews upcoming bank earnings and potential consolidation trends within the banking sector. Together, they navigate the complex dynamics affecting finance and energy, touching on the challenges banks face and the growing relevance of gold in today’s economy.

Herman Chan, a Senior Analyst for US Regional Banks at Bloomberg Intelligence, discusses Netflix's impressive earnings and strategic shifts. Netflix surpassed expectations with $11.1 billion in revenue, while embracing an ad-supported model amidst fierce competition. They also touch on how evolving consumer behavior affects the streaming landscape. Additionally, Chan highlights the resilience of regional banks in the current economic climate, noting their surprising performance against larger institutions despite previous concerns.

In this engaging discussion, David Voreacos, a Bloomberg Legal Reporter, delves into B. Riley's troubling SEC investigation. Kristina Hooper, Chief Global Markets Strategist at Invesco, shares insights on market outlook amidst current volatility. Herman Chan, a Senior Analyst, highlights the Bank of Nova Scotia's strategic acquisition of a stake in KeyCorp. Sarah Ponczek, a Financial Advisor, emphasizes long-term investment strategies while navigating market fluctuations and lending challenges. The conversation blends serious financial analysis with lighthearted banter about breakdancing.

Topics include potential Apple-Google gen-AI pact, bond market insights, TikTok ban in US, market updates, and regional banks challenges. Hosts discuss AI integration into iPhones, market dynamics, TikTok ownership bill, economic slowdown concerns, and regional banking sector challenges.

Topics include Powell's testimony, NY Community Bancorp's $1 billion investment, Milken Institute's Global Opportunity Index, and insights into the housing market, AI impact, and future Fed rate decisions.