Laura J. Keller

Television Reel: Laura J. Keller, Wall Street Reporter

Laura J. Keller is a finance journalist in New York at Bloomberg News, covering some of the biggest investment and retail banks in the U.S. She's a frequent contributor to Bloomberg Television and others.

Anchoring Bloomberg Television: Signs That Will Point to Bitcoin Price Stability

Bloomberg's Julie Verhage discusses the future of bitcoin and whether stability is possible. She speaks on "Bloomberg Markets" with Shery Ahn and Laura Keller.

Anchoring Bloomberg Television: The Winners and Losers in the Tax Overhaul Bill

Bloomberg's Matt Townsend takes a look at the winners and losers in the tax overhaul bill. He speaks on "What'd You Miss?" with Julie Hyman, Scarlet Fu and Laura Keller. (Source: Bloomberg)

Anchoring Bloomberg TV: Och-Ziff Drops Levin as CEO Pick

Dan Och's note to clients two days before Christmas, telling them that star trader Jimmy Levin wasn't going to get the top job at Och-Ziff Capital Management Group after all, shows how tough succession can be at hedge funds. Bloomberg's Katherine Burton reports on "Bloomberg Markets" with Laura Keller and Shery Ahn.

Anchoring Bloomberg Television: Disney's 'Last Jedi' Tops $100 Million Again

Bloomberg's Crayton Harrison discusses the back-to-back weekend success of Walt Disney Co.'s "The Last Jedi" on "Bloomberg Markets" with Laura Keller and Shery Ahn.

Anchoring Bloomberg TV: Long Christmas Weekend Helps Retail Cap Strong Season

Americans displayed their buying bona fides in the final run-up to Christmas, turning out in force to produce what may be the best holiday shopping season in years. Bloomberg's Lauren Coleman-Lochner has more on "Bloomberg Markets" with Laura Keller and Shery Ahn.

Anchoring Full Show: What'd You Miss?

"What'd You Miss?" with Laura Keller, Julie Hyman and Scarlet Fu.

Anchoring Bloomberg TV: The Differences Between the House and Senate GOP Agendas

Bloomberg's Steven Dennis looks forward to the GOP's legislative agenda in 2018. He speaks with Bloomberg's Shery Ahn and Laura Keller on "Bloomberg Markets."

Anchoring Bloomberg Television: What to Expect From the U.S. Economy in 2018

Bloomberg's Yelena Shulyatyeva takes a look at what to expect from the U.S. economy in 2018. She speaks with Bloomberg's Shery Ahn and Laura Keller on "Bloomberg Markets." (Source: Bloomberg)

Laura Keller on C-SPAN's Washington Journal

Laura J. Keller of Bloomberg News appears on C-SPAN's Washington Journal to discuss Wells Fargo on April 14, 2017 from New York.

Laura Keller on CBSN Live Video: How Did The Stock Markets React To Trump's Win?

Guest: Laura Keller. Watch "How Did The Stock Markets React To Trump's Win?", a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original CBS News reporting.

ON-LOCATION REPORTING: Inside Wells Fargo's Raucous Annual Meeting

Wells Fargo & Co. board members narrowly survived a shareholder vote in the wake of the bank's account scandal, with some eking out such razor-thin majorities that it may hasten their departures. Bloomberg's Laura Keller reports on "What'd You Miss?" (Source: Bloomberg)

LIVE GRAPHICS REPORTING: Full Show: Bloomberg Daybreak: Americas (10/21)

Battle of the Charts: Skip to 1:33:15 in full show of Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro.

LIVE BUSINESS CONFERENCE CALL: Goldman CFO Sees Fewer Headwinds Ahead

Goldman Sachs Chief Financial Officer Harvey Schwartz spoke with analysts on a conference call following today's release of third-quarter results. Blomberg's Laura Keller recaps the call on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

SOURCED-SCOOP REPORTING: Goldman Said to Get Burned in Rare Trading Miss

Bloomberg's Laura Keller discusses Goldman Sachs disappointing earnings. She speaks on "Bloomberg Markets." (Source: Bloomberg)

New Deutsche Bank CEO Starts Cutting Perks Like Fruit Bowls

Bloomberg's Laura J. Keller reports on Deutsche Bank AG's cost-cutting activity. She speaks on "Bloomberg Markets." (Source: Bloomberg)

U.S. Banks Brush Off Market Uncertainty

The largest banks in the U.S. appeared to have shrugged off market uncertainty with Morgan Stanley leading the way. Bloomberg's Laura J. Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Hard to Find Cracks in Morgan Stanley Earnings

Morgan Stanley's earnings were well received by analysts with the bank reporting stronger revenue, solid cost control and a return on tangible equity. Bloomberg's Laura J. Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Morgan Stanley: Inside the Second-Quarter Numbers

Morgan Stanley reported second-quarter results that topped estimates on FICC sales and trading revenue and investment banking revenue. Bloomberg's Laura J. Keller examines the results on "Bloomberg Markets: The Open." (Source: Bloomberg)

JPMorgan, Citigroup, Wells Fargo: 2Q Bank Results Roundup

U.S. banks kicked off the second-quarter earnings season with reports from JPMorgan Chase & Co., Citigroup Inc., and Wells Fargo & Co. Bloomberg's Laura J. Keller examines the results on "Bloomberg Markets."

What to Expect When U.S. Banks Report Results on Friday

Earnings season kicks off tomorrow with several key U.S. banks reporting earnings. Bloomberg's Laura J. Keller reports on "Bloomberg Daybreak: Asia."

Deutsche Bank U.S. Fails Stress Test

Tougher Federal Reserve stress tests forced some of Wall Street's top banks to rein in ambitious plans for pumping out cash to shareholders. Bloomberg Television's Laura Keller reports. Laura J Keller

Bank of America Takes a Cautious Approach to Risk

Bank of America Corp. is taking a more selective approach to markets and scaling back on risk. Bloomberg's Laura J. Keller makes an investigative report on "Bloomberg Markets."

Shareholders Approve Wells Fargo Executive Compensation Plan

Bloomberg's Laura J. Keller reports from Wells Fargo's annual meeting in Des Moines, Iowa. Laura Keller speaks live on location on "Bloomberg Markets."

Wells Fargo to Face Investor Scrutiny, Protests at Annual Meeting

Bloomberg's Laura Keller reports on Wells Fargo ahead of its annual shareholder meeting in Des Moines, Iowa. She speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Wells Fargo to Pay $1 Billion to Settle CFPB, OCC Probes

Wells Fargo & Co. will pay a $1 billion settlement on U.S. probes from the CFPB and OCC on the mistreatment of consumers. Bloomberg's Laura Keller reports on "Bloomberg Markets: The Open." (Source: Bloomberg)

Morgan Stanley 1Q Profit Surges to Record High

Bloomberg's Laura Keller reports on Morgan Stanley's first-quarter earnings results on "Bloomberg Markets: The Open." (Source: Bloomberg)

Why Investors Aren't Happy With Goldman Sachs

Bloomberg's Laura Keller reports on the performance of Goldman Sachs. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

What to Expect From U.S. Bank Earnings

Some of the world's biggest banks, including JPMorgan, Wells Fargo, Bank of America and Citigroup release earnings this week. What can we expect? Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Inside Diverging U.S. Bank Earnings

Bloomberg's Laura Keller reports on the performance and earnings for U.S. banks. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

How U.S. Banks Fare Under New Tax Rules

Scroll to 26:00 for Laura J. Keller on U.S. banks and tax policy on "Bloomberg Markets: Balance of Power."

Discussing Morning Headlines on Bloomberg Daybreak: Americas.

Scroll to 3:57 for Laura Keller talking about the morning's top headlines. And to 1:00:00 for coverage of Goldman Sachs banking news by Laura J. Keller.

Banks Offer Ways to Game Trump's Tax Plan

Banks are seeing a wave of inquiries from customers in high-tax states rushing during the final days of the year to prepay 2018 property levies before a cap on deductions for state and local taxes comes into effect. Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

How Dan Gilbert Is Wooing Millennials to Motor City

Billionaire Dan Gilbert's Quicken Loans Inc. outgrew almost every U.S. mortgage provider by unfurling technology like its online Rocket Mortgage platform faster than big banks. Now he's picking more fights: Luring top tech talent to Detroit from Silicon Valley giants. Bloomberg's Laura Keller has more on "What'd You Miss?" Laura J. Keller

How Bank of America Is Competing for Tech Talent

About 145,000 Bank of America workers making $150,000 annually or less will receive the one-time bonus by year-end, according to an internal memo. Bloomberg's Laura Keller reports on "Bloomberg Technology." (Source: Bloomberg)

Jefferies May Let Employees Choose When to Receive Bonus

Jefferies Group is allowing employees to decide when they'll receive their bonus payment for work performed this year as U.S. companies and workers try to determine how Republicans' tax changes will affect their wallets. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Wall Street Traders Grouse Over Trump Tax Plan

Bloomberg's Laura Keller discusses how many traders are coming to the realization that greater benefits of the GOP tax bill will go to billionaires. She speaks on "Bloomberg Markets." (Source: Bloomberg)

BofA Adds Paid Sabbaticals as Job Perk

Bloomberg's Laura Keller discusses new paid sabbaticals at Bank of America and investment banking fees and compensation at Jefferies Group. She speaks on "What'd You Miss?" Laura J. Keller

Inside Bank of America's Brexit Plans

Theresa May and Jean-Claude Juncker failed to get a breakthrough on Brexit adding to the uncertainties looming for the banking industry as they look to where to set up their headquarters. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." Laura J. Keller

Breaking Down the First Set of U.S. Bank Earnings

Bloomberg's Laura Keller breaks down the recent earnings from JPMorgan Chase, Wells Fargo and Citigroup. She speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)

BofA Brexit Planners Said to Have Mulled Paris Move

Bank of America Corp. has been debating proposals from Chief Operating Officer Tom Montag's subordinates to rapidly build out a European trading hub in Paris, according to people with knowledge of the talks. Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

Big Banks Expects Trading Slump to Continue

Two of Wall Street's biggest trading firms continue to see trading stuck in the rut that spoiled last quarter's earnings. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Trading Slump Continues at Big Banks

Two of Wall Street's biggest trading firms continue to see trading stuck in the rut that spoiled last quarter's earnings. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

How Tax Reform Will Impact Banks

Bloomberg's Laura Keller reports on the impact of President Trump's tax reforms if enacted on the banking sector. Keller speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

What You Need to Know About U.S. Bank Earnings

As earnings season for the biggest banks drew to a close, Morgan Stanley and Goldman Sachs joined other major U.S. lenders in showing the advantages and drawbacks of calm markets. Bloomberg's Laura Keller reports. (Source: Bloomberg)

Goldman Sachs' Equity Investments Lift Profit

Bloomberg's Laura Keller reports on Goldman Sachs' and JPMorgan's bank earnings. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Breaking Down the U.S. Bank Earnings Season

Bloomberg's Laura Keller breaks down this quarter's bank earnings. She speaks with Bloomberg's Julia Chatterley and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)

JPM, Citi Post Grim Trading Results

JPMorgan and Citigroup kicked off third-quarter earnings season in the U.S. Despite beating bottom line estimates, shares slipped for both companies. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Jefferies Trading Revenue Slumps

Jefferies Group, like its Wall Street competitors, is leaning on investment banking to weather a trading slump. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Investment Banking Revenue Saves Jefferies' 3Q

Jefferies Group, like its Wall Street competitors, is leaning on investment banking to weather a trading slump. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Goldman's Schwartz Unveils Turnaround Plan

Bloomberg's Laura Keller reports on the performance of the banking sector and JPMorgan CEO Jamie Dimon's stance on bitcoin. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Wells Fargo's New Strategy Focuses on Customer Service

Wells Fargo & Co. is changing the way it approaches the banking experience in the wake of a banking scandal that impacted employees and customers. Bloomberg's Laura Keller reports on "Bloomberg Markets: European Close." (Source: Bloomberg)

What the Fake-Account Scandal Could Cost Wells Fargo

Wells Fargo & Co. raised its estimate for how many bogus accounts employees may have created, a sign the bank is still struggling to move past a scandal that sparked record fines and congressional investigations. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Wells Fargo Finds More Fake Accounts

Wells Fargo revealed its employees created 67% more bogus accounts than originally thought, a sign the bank is struggling to move past the scandal that's sparked record fines and Congressional investigations. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Well Fargo Finds an Extra 1.4 Million Fake Accounts

Bloomberg's Laura Keller discusses more fake accounts found at Wells Fargo and what it may mean for Warren Buffett. She speaks with Bloomberg's Jonathan Ferro and Alix Steel on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Big Banks Stand to Profit From Proposed Rules Changes

JPMorgan and Morgan Stanley would benefit most from changes to post-crisis banking rules proposed by the Trump administration. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Bank of America Debates Paris Versus Frankfurt

Bloomberg's Laura Keller discusses internal debates within Bank of America as to where there financial hub will be located. She speaks with Bloomberg's Mark Barton and Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)

Betsy Duke Ascends From Teller to Wells Fargo Chair

Betsy Duke was named as the first woman to oversee one of the largest U.S. banks on Tuesday as Wells Fargo & Co. selected her to chair its board, beginning on January 1. Bloomberg's Laura J. Keller examines Betsy Duke's career on "Bloomberg Markets."

Bonus Prospects Diverge on Wall Street

Investment bankers can expect some hefty bonus gains this year while traders may have to settle for little or no increase this year. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Wells Fargo Investors Fret Recent Scandals

After yet another scandal, it's time for would-be Wells Fargo & Co. shareholders to decide: Is this a rare buying opportunity or has the bank lost its mojo? Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

How Morgan Stanley Managed to Outperform Goldman Sachs

For a second straight quarter, Morgan Stanley posted more fixed-income revenue than its bigger competitor in one of Wall Street's most hotly contested arenas. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Recapping Bank of America's 2nd-Qtr Earnings Report

Bank of America Corp. reported a surprise drop in net interest income in the second quarter, after a 7 percent jump in the first three months of the year. Bloomberg's Laura Keller and Lionel Laurent have more on "Bloomberg Markets." (Source: Bloomberg)

Breaking Down the Earnings From the Big Banks

When Bank of America Corp. and Goldman Sachs Group Inc. posted earnings Tuesday, one had record income from lending while the other had better-than-expected trading. The surprise is which was which. Bloomberg's Dakin Campbell and Laura Keller have more on "Bloomberg Markets." (Source: Bloomberg)

Big Banks Enter the Summer Doldrums

After four straight quarters of rising income from trading, the biggest U.S. investment banks spent the past few months in a renewed slump. Shareholders will soon see how dull it's been when banks start reporting earnings this week. Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

Traders Hit Tinder Amid Summer Doldrums

After four straight quarters of rising income from trading, the biggest U.S. investment banks spent the past few months in a renewed slump. Shareholders will soon see how dull it’s been when banks start reporting earnings this week. Bloomberg's Laura Keller has more on "Bloomberg Markets."

Wall Street Banks Want Spark to Engage Investors

Low volatility is taking a bite out of trading at the world's biggest banks as shares suffer through a three-day skid after a slow April and May. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg) Full Show: Bloomberg Daybreak: Americas (06/16) 02:19 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro.

Wells Fargo to Increase Broker Sign-On Bonuses

Wells Fargo & Co. will pay bigger sign-on bonuses to some new brokers as competitors including Morgan Stanley and Bank of America Corp. seek to reduce recruitment inducements. Bloomberg's Laura Keller has more on "What'd You Miss?" (Source: Bloomberg) Australia's Typical Family Unit May Be Minority by 2023 55:06 - KPMG Partner and Demographer Bernard Salt discusses Australia's changing demographics.

Wells Fargo Shareholders Re-Elect All 15 Board Members

Wells Fargo & Co. board members narrowly survived a shareholder vote in the wake of the bank's account scandal, with some eking out such razor-thin majorities that it may hasten their departures. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

GUEST INTERVIEWING: BofA, JPMorgan, Citigroup Report Strong Earnings

Smead Capital Management Director of Research Tony Scherrer discusses his outlook for bank earnings. Bloomberg's Laura Keller also speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

TRADING EXPLANATION REPORTING: Morgan Stanley Bond Traders Top Goldman

Michael O'Rourke, Jonestrading's chief market strategist, and Bloomberg's Laura Keller discuss Morgan Stanley's earnings and the outlook for the banking sector with Bloomberg's David Westin and Jonathan Ferro on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Goldman Blames Commodities, Currencies for Trading Miss

Goldman Sachs posted the smallest increase in fixed-income trading among peers that have reported first-quarter results, citing weaker interest from clients in commodities and currencies. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Bank of America Profit Jumps...and They're Hiring Again

Bank of America posted a 40 percent surge in first-quarter profit, fueled by stronger trading revenue, and added employees for the first time in more than five years. Bloomberg's Laura Keller breaks down the earnings on "Bloomberg Markets." (Source: Bloomberg)

Here's What to Expect From U.S. Bank Earnings

Bloomberg's Laura Keller previews U.S. bank earnings. She reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Tolstedt's Role in Wells Fargo Accounts Scandal

Wells Fargo's board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt's stock options. Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

Wells Fargo Board Claws Back $28M More From Former CEO

Bloomberg's Laura Keller and Bloomberg Intelligence's Gina Martin Adams discuss actions from Wells Fargo stemming from an investigation into the bank's retail sales practices. They speak with Bloomberg's Alix Steel, Jonathan Ferro and David Westin on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Parsing What JPMorgan's Dimon Said in Shareholder Letter

JPMorgan's CEO Jamie Dimon used his annual letter to shareholders to comment on potential fallout from Brexit, detail the bank's investments in technology and urge a cut in the U.S. corporate tax rate. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

The Key Takeaways From Jamie Dimon's 2017 Annual Letter

JPMorgan Chase & Co. CEO Jamie Dimon used his annual letter to shareholders to comment on potential fallout from the U.K.'s decision to leave the European Union, detail the bank's investments in technology and urge a cut in the U.S. corporate tax rate. Bloomberg's Laura Keller reports on "What'd You Miss?"

What to Watch for in Jamie Dimon's Annual Letter

JP Morgan Chase & Co. Chief Executive Officer Jamie Dimon is expected to release his annual letter to shareholders on Tuesday. Bloomberg's Laura Keller and Bloomberg Intelligence's Gina Martin Adams look at the main topics to watch for in Dimon's letter. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Why Encrypted Message Are Raising Wall Street Concerns

Bloomberg's Laura Keller reports on why encrypted messaging apps are raising risks of widespread abuse on Wall Street. She speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Inside Wall Street's WhatsApp Secret

Bloomberg's Laura Keller discusses how encrypted messaging apps are raising the risk of widespread abuse on Wall Street. She speaks on "Bloomberg Markets." (Source: Bloomberg)

Jefferies Returns to Profit on 1Q Trading Revenue

Jefferies Group returned to profit in the fiscal first quarter as the firm generated six times more trading revenue than a year ago. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Wells Fargo Warns More Bogus Accounts May Be Uncovered

Wells Fargo, seeking to resolve a bogus-account scandal that shook the company last year, warned investors it may find more victims. Separately, it said U.S. authorities are examining whether other firms abused its technology to violate international sanctions. Bloomberg's Laura Keller reports on "What'd You Miss?" (Source: Bloomberg)

The Takeaways From JPMorgan's Annual Gathering

JPMorgan Chase is holding an annual gathering for analysts and investors at its New York headquarters. Bloomberg's Laura Keller has the latest developments on "Bloomberg Markets." (Source: Bloomberg)

JPMorgan Investor Day Addresses Card, Loan Issues

JPMorgan Chase & Co. Chief Financial Officer Marianne Lake offered insight on loan and credit card performance at the firm's annual Investor Day presentation. Bloomberg's Laura Keller is joined by David Bianco, chief investment strategist for the Americas at Deutsche Asset Management, on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

CLSA Dismisses 90 U.S.-Based Staff Including Mike Mayo

CLSA Ltd., the brokerage owned by Chinese financial services firm Citic Group Corp., shut down its U.S. equity-research operations Monday, laying off more than half of workers based in the country. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

What to Expect From JPMorgan's Annual Investor Day

Bloomberg Laura Keller previews JPMorgan's annual Investor Day. She speaks with Bloomberg's Oliver Renick and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)

Wells Fargo Fires Four Managers Over Account Scandal

Wells Fargo fired the head of its consumer credit-card business and three other senior managers as the bank's board examines how abusive sales practices spread through branches before spiraling into a national scandal last year. Bloomberg's Laura J. Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

What's Behind BofA Awarding CEO Moynihan $20 Million?

Bank of America awarded CEO Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent, while Citigroup cut CEO Mike Corbat's by 6.1 percent to $15.5 million. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Citigroup Cut CEO's Pay by 6% Last Year

Bank of America awarded its CEO, Brian Moynihan, $20M for his work last year, raising his compensation by 25%. Meanwhile, Citigroup's Mike Corbat received a 6% pay cut instead. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Wells Fargo Profit Declines

Bloomberg's Laura Keller reports on the performance of Wells Fargo and the U.S. banking sector. She speaks on "Bloomberg Markets." (Source: Bloomberg) Laura J. Keller

What to Expect From BofA, Wells Fargo Earnings

Bloomberg's Laura Keller discusses previews fourth-quarter bank earnings. She speaks on "Bloomberg Markets." (Source: Bloomberg) Laura J. Keller

Banks Estimated to Post Biggest 4Q Profit Since '09

Bloomberg's Laura Keller previews fourth-quarter bank earnings. She speaks on "Bloomberg Markets." (Source: Bloomberg)

BofA, Morgan Stanley Said to Cut Equity Trader Bonuses

Bloomberg's Laura Keller reports on which bankers can expect to see increases or decreases in bonuses. She speaks on "Bloomberg Markets." (Source: Bloomberg)

BofA Said to Boost Bonuses for Bond Traders

Bank of America is poised to raise bonuses for many of its bond traders and trim payouts for those handling stocks, people with knowledge of the matter said. Bloomberg's Laura Keller reports on "Bloomberg Markets: European Close." (Source: Bloomberg)

BofA's Moynihan Touts Bank Regulation Change Impact

Bank of America Corp. Chief Executive Officer Brian Moynihan has stated that a small change in capital requirements could create large returns for his firm and others. Bloomberg's Laura Keller examines looks at how potential changes to banking regulation could help Bank of America Corp. on "Bloomberg Daybreak: Americas."

BofA CEO Moynihan Is Ready to Help Businesses Grow

Bank of America Corp. Chief executive Officer Brian Moynihan sees customers ready to borrow and expand their businesses amid an expected boost to the U.S. economy from President-elect Donald Trump. Bloomberg's Laura Keller examines how the bank is positioned to help small and mid-sized business. She speaks on "Bloomberg Surveillance."

Jefferies Profit Up as Fixed Income, Equities Climb

Jefferies Group, the investment bank whose trading results often foreshadow performance at bigger Wall Street firms, said fourth-quarter profit quadrupled as revenue from trading stocks and bonds more than doubled. Bloomberg's Laura J. Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Jefferies 4Q Profit Quadruples on Stock, Bond Revenue

Jefferies Group reported fourth-quarter profit that quadrupled on the strength of stock and bond trading revenue. Gerard Cassidy, banking analyst at RBC Capital Markets, and Bloomberg's Laura Keller examine the results on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Lloyds to Acquire BofA's U.K. Credit Card Business

Lloyds has agreed to purchase the U.K. consumer credit card business of Bank of America Merrill Lynch, which represents an 11 percent stake in the nation's credit card market. Bloomberg's Richard Partington and Laura Keller report on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Donald Trump, Dodd-Frank Hopes Boost Bank Stocks

Bank stocks are enjoying a post-election boost linked to hopes of a change to Dodd-Frank legislation under President-Elect Donald Trump. Bloomberg's Laura Keller looks at the prospect of financial industry reform on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Wells Fargo Account Scandal: Who Knew What, When?

Wells Fargo & Co. is in the process of a board investigation of the scandal involving employees opening unauthorized customer accounts. Bloomberg's Laura Keller reports on management accountability at the bank. She speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Why the SEC Is Investigating Wells Fargo

Wells Fargo said its sales scandal is being investigated by the U.S. regulator that ensures public companies make adequate disclosures to investors. Bloomberg's Laura J. Keller has more on "Bloomberg Markets: European Close." (Source: Bloomberg)

Wall Street Fee Payday Behind $40 Billion AT&T Pledge

Wall Street banks are expecting $110 to $130 million in fees form the $40 billion in financing of AT&T's acquisition of Time Warner. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Morgan Stanley Leads the Fixed-Income Profit Parade

Morgan Stanley reported third-quarter profit that increased 57 percent as fixed-income trading revenue rose to $1.5 billion. Bloomberg's Laura Keller recaps the results and looks at the targeting of recent Latino immigrants in the Wells Fargo phony account scandal. She speaks on "Bloomberg Markets." (Source: Bloomberg)

Morgan Stanley Profit Surges 57% on Bond-Trading Revenue

Morgan Stanley reported third-quarter profit that increased 57 percent as fixed-income trading revenue rose to $1.5 billion. Bloomberg's Laura Keller and Bloomberg Intelligence's Alison Williams examine the numbers on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

How Morgan Stanley Earnings Compare With Other Big Banks

Bloomberg Intelligence's Alison Williams and Bloomberg's Laura Keller discuss Morgan Stanley's third-quarter earnings, how they compare with other big banks and the outlook for Deutsche Bank with Bloomberg's David Westin, Jonathan Ferro and Alix Steel on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Did Wells Fargo Find an Easy Target in Latino Immigrants?

Former Wells Fargo employees and community activists are raising questions on whether or not Latino immigrants were targeted in the bank's phony account scandal. Bloomberg's Laura Keller reposts on "Blomberg Markets." (Source: Bloomberg)

Goldman Sachs CFO Addresses Third-Quarter Results

Goldman Sachs Chief Financial Officer Harvey Schwartz spoke with analysts on a conference call following today's release of third-quarter results. Bloomberg's Laura Keller recaps the call on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Goldman Sachs Bond-Trading Pushes 47% Profit Gain

Goldman Sachs saw third-quarter earnings increase 47 percent as bond-trading revenue topped analysts' estimates. Bloomberg's Laura Keller digs deep into Goldman's results on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

How Long Can the Bond-Trading Engine Drive Bank Earnings?

Glenn Schorr, Evercore ISI senior managing director, discusses Goldman Sachs Group's third-quarter earnings with Bloomberg's David Gura and Laura Keller on "Bloomberg Markets." (Source: Bloomberg)

What to Expect From JPMorgan and Wells Fargo Earnings

Bloomberg's Laura Keller previews JPMorgan's and Wells Fargo's third-quarter earnings reports. (Source: Bloomberg)

Wells Fargo CEO Stumpf Exits, but Fallout Remains

Wells Fargo Chief Executive Officer John Stumpf has departed from the bank in the fallout of fake accounts created by employees. Bloomberg's Laura Keller and Blomberg Gadfly columnist Michael Regan examine damage done to the bank's brand and what may come next for Stumpf and the firm. They speak on "Bloomberg Markets."

Why Did Wells Fargo CEO John Stumpf Quit Now?

John Stumpf, who led Wells Fargo & Co. through the financial crisis and built it into the world's most valuable bank, stepped down as chief executive officer and chairman, bowing to public outcry over legions of accounts opened by his employees for customers who didn't request them. Laura J. Keller, Bloomberg

Wells Fargo's Stumpf Steps Down as CEO and Chairman

Wells Fargo's John Stumpf is paying the price for the bank's fake account scandal. He has quit as CEO and chairman amid increasing criticism from lawmakers as well as customers. Bloomberg's Laura Keller reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Timothy Sloan Replaces John Stumpf at Wells Fargo

Bloomberg's Laura Keller reports on Wells Fargo CEO John Stumpf stepping down and what it means for the bank. She speaks to Bloomberg's Emily Chang on "Bloomberg Technology." (Source: Bloomberg)

What Will Wells Fargo CEO Stumpf Say to Committee?

Bloomberg's Laura Keller reports on Wells Fargo & Co. Chief Executive Officer John Stumpf's testimony before the House Financial Services Committee. Keller speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

Lawmakers Demand Accountability From Stumpf

Bloomberg's Laura Keller and Caleb Melby reports on Wells Fargo CEO John Stumpf's testimony at a Senate Banking Committee hearing. Keller and Melby speak on "Bloomberg ‹GO›." (Source: Bloomberg)

Wells Fargo's Fake Account Fallout Mounts for CEO Stumpf

Wells Fargo's scandal surrounding allegations that it opened two million accounts for customers without their knowledge is proving to be far-reaching. Chief Executive Officer John Stumpf faces damage to the bank's reputation and his personal legacy and has been called to testify before Congress next week, while investor Warren Buffett lost $1.4 billion after Wells Fargo shares fell 3.3 percent.

Banking's Mr. Clean Stares Down Bogus-Account Scandal

Federal prosecutors are investigating Wells Fargo in connection with the bank's sales practices after it agreed to pay $185 million in fines for opening more than 2 million unauthorized accounts, the Wall Street Journal reported. Bloomberg's Laura J. Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Wells Fargo CEO Apologizes to Fake Account Customers

Wells Fargo contacted its customers via e-mail to alert them of the scandal surrounding allegations that it opened two million accounts for customers without their knowledge. Chief Executive Officer John Stumpf faces damage to the bank's reputation and his personal legacy and has been called to testify before Congress next week.

Jefferies Said to Make Cuts at Its Equity Unit

Jefferies has been cutting some of the highest-paid executives at its equities business in recent months, reassigning accounts to those who remain and pushing some staff to help sell products far outside their normal area of focus, according to people familiar with the matter. Bloomberg's Laura J. Keller reports on "Bloomberg Markets."

PE Funds Snap Up Deals in Distressed Energy Debt

Deals in distressed energy debt are picking up. Since the oil crash in 2014, $100B has been raised by funds to scoop up energy assets on the cheap. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Why It's Difficult for European Banks to Restructure

Bloomberg's Laura Keller reports on the performance of the banking industry. She speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

Wall Street Takes a Bite Out of Bankers' Pay

Wall Street is taking a bite out of bankers' pay. Goldman Sachs, JPMorgan and Morgan Stanley collectively reduced the amount of money they set aside for employee pay in the first and second quarters by 17 percent to $19 billion to shore up profits, according to data compiled by Bloomberg from regulatory filings.

Goldman Sachs Profit Jumps 74% on Bond Trading

Goldman Sachs Group saw a 74 percent gain in second-quarter profit as the company exceeded analysts' estimates for fixed-income revenue. Bloomberg's Laura Keller examines the results on "Bloomberg ‹GO›." (Source: Bloomberg)

How Are Banks Performing This Earnings Season?

Bloomberg's Laura Keller reports on the performance and earnings of banks. She speaks on "Bloomberg Markets." (Source: Bloomberg)

JPMorgan's Dimon: Brexit Won't Affect Our Business

JPMorgan Chase & Co. saw second-quarter profit top estimates on increases in fixed-income trading revenue and loan growth. Bloomberg's Laura Keller recaps the bank's conference call on "Bloomberg ‹GO›." (Source: Bloomberg)

The Good and the Bad in JPMorgan's Q2 Results

JPMorgan Chase & Co. saw second-quarter profit top estimates on gains in fixed-income trading revenue and loan growth. Bloomberg's Laura Keller examines the bank's results on "Bloomberg ‹GO›." (Source: Bloomberg)

How Brexit Will Impact Banker Bonuses

Bloomberg's Laura Keller reports on how the Brexit vote will impact bankers bonuses. She speaks on "Bloomberg ‹GO›."

How Will Brexit and a Possible Rate Hike Impact Banks?

Analysts have been preparing investors for lower quarterly profits at the largest U.S. banks this week, cutting estimates for the second quarter and even further beyond. The revisions come after the U.K. voted to cut its ties with the European Union, which stoked volatility in financial markets and derailed expectations that Federal Reserve officials would continue raising U.S.

Jefferies Posts Biggest Fixed-Income Rise in Eight Quarters

Jefferies Group posted a 55 percent surge in bond-trading revenue, the biggest increase since the third quarter of 2014, helping the firm recover from a punishing loss in the previous three months. Revenue from trading fixed-income securities in the fiscal second quarter ended May 31 rose to $238.5 million, the New York-based investment bank said Tuesday in a statement.

Bond-Trading Revenue at Jefferies Up 55%

Jefferies Group posted a 55 percent surge in bond-trading revenue, the biggest increase since the third quarter of 2014, helping the firm recover from a punishing loss in the previous three months. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Wall Street Bonus Pools Run Shallow for 2016

Bonus pools on Wall Street are expected to fall as much as 20 percent less than last year according to a report by compensation consultant Johnson Associates. Bloomberg's Laura Keller has the details on "Bloomberg ‹GO›." (Source: Bloomberg)

Goldman 1Q Profits Plunge 60%

Goldman Sachs Group suffered a 60 percent fall in profits in the first-quarter on the deepest slump in revenue since 2006. Bloomberg contributor Bill Cohan and Bloomberg's Laura Keller break down the results on "Bloomberg ‹GO›." (Source: Bloomberg)

Illiquid Positions Add to Credit Suisse Confusion

Tim Coleman of PJT Partners and Bloomberg's Laura Keller and Michael Moore examine a major trading revenue drop at Credit Suisse amid other recent issues affecting the firm. They speak on "Bloomberg ‹GO›." (Source: Bloomberg)

An Inside Look at Citi's Secret Client List

There's a secret list that Citigroup keeps on its equity-research desk at its swank campus in Tribeca. And if you're not on it -- well, you might as well be nobody. At the top is a handful of hedge-fund giants, the "Focus Five," that bring in big money for Citigroup: Millennium, Citadel, Surveyor Capital, Point72 and Carlson Capital, according to a person with direct knowledge of the list.

Bank of America and JPMorgan Rally on Buyback Plans

JPMorgan Chase and Bank of America led bank stocks higher Friday after announcing more share buybacks. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Banks Keep Quiet as Investors Expect a Tough Quarter

Bloomberg's Laura Keller examines the lack of forecasts from banks and expectations for a rough quarter in the industry. She speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

Is Jefferies' Revenue Slump a Bad Sign for Wall Street?

Charles Peabody, Portales Partners partner, and Bloomberg's Laura Keller discuss Jefferies Group's fiscal first-quarter loss with Bloomberg's David Gura and Lisa Abramowicz on "Bloomberg Markets." (Source: Bloomberg)

Inside JPMorgan's Three-Year Profit Outlook

Bloomberg's Laura Keller reports on JPMorgan's investor conference. She speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

The Takeaways From JPMorgan's Annual Investor Conference

Bloomberg's Laura Keller recaps JPMorgan Chase's annual investor conference. She speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)

Bank Bear Markets Worsens: Are Fears Overblown?

Bloomberg's Laura Keller and Hugh Son discuss how treasury yields effect banks. They speak on "Bloomberg Markets." (Source: Bloomberg)

Bloomberg Markets: November 30, 2015

News Headlines: Skip to 2:03 p.m. clip. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens.

Full Show: Bloomberg Daybreak: Americas (12/22)

Battle of the Charts: Skip to 1:32:40 in full show of Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro.

Full Show: Bloomberg Daybreak: Americas (12/16)

Battle of the Charts: Skip to 1:29:00 in full show of Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro.

Full Show: Bloomberg ‹GO› (08/10)

Battle of the Charts: Skip to 1:29:30. On Bloomberg ‹GO› hosted by David Westin, Jonathan Ferro, and Alix Steel.

Full Show: Bloomberg ‹GO› (05/19)

Battle of the Charts: Skip to 1:32:00 for Laura. On Bloomberg ‹GO›, hosted by David Westin and Jonathan Ferro.

Bloomberg ‹GO› Full Episode (03/31)

Battle of the Charts: Skip to 1:27:00. On Bloomberg ‹GO› hosted by Stephanie Ruhle and David Westin.

Bloomberg Markets: November 25, 2015

News Headlines: Skip to 1:00pm & 1:30pm clips. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens.

Everything You Need to Know This Morning From Daybreak (Audio)

In today's New York Daybreak podcast, we cover the biggest stories that happened overnight. Wells Fargo was the big post-market winner from the Fed's stress test results. Bloomberg Radio's Denise Pellegrini and Laura J. Keller talk stress tests.

Bloomberg Markets: Laura Keller on Quicken Loans (Audio)

Bloomberg Markets with Carol Massar and Cory Johnson. Laura Keller discussing Quicken loans luring top talent to Detroit from Silicon Valley. Laura J. Keller

Bloomberg Markets: Breaking Down Tax Plan from Multiple Angles

Bloomberg Markets with Carol Massar and Cory Johnson. GUESTS: Laura Keller Discussing Traders Grousing Over Trump Tax Plan Laura J. Keller

Chad Hartman

Browse Podcasts Chad Hartman, weekdays Noon-3 p.m. on WCCO, with the latest news, sports and topics making headlines in Minnesota and around the world. A conversation on sex trafficking and what's being done in the state of Minnesota to stop it. Jason DeRusha joined the show in studio to take about the biggest song of this summer.

Wells Fargo Signals Big Rise in Legal Costs (Audio)

Laura Keller, Bloomberg News finance reporter, discusses why Wells Fargo has been warning investors of rising legal costs after releasing a quarterly list of inquiries and lawsuits currently facing the lender. She speaks with Greg Stohr on Bloomberg Radio's "Bloomberg Law."

Bloomberg Markets: Goldman Sachs, BofA Reverse Roles

Bloomberg Markets with Carol Massar and Cory Johnson. GUESTS: Laura Keller Banking Reporter Bloomberg News Discussing bank earnings and outlook. Marty Mosby Director of Bank & Equity Strategies Vining-Sparks Discussing when Bank of America Corp. and Goldman Sachs Group Inc. posted earnings Tuesday, one had record income from lending while the other had better-than-expected trading.

July 14, 2017 5:30 a.m. New York by Bloomberg Daybreak

In today's New York Daybreak podcast, we cover the biggest stories that happened overnight. JPMorgan, Citi and Wells Fargo kick off bank earnings. CPI data will probably show the inflation puzzle stayed unsolved in June. CLSA strategist Chris Wood recommends buying Treasuries when the Fed starts unwinding.

Bloomberg's Keller on Wall Street's Trading Revenue Slump

Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz. GUEST: Laura Keller, Bloomberg financial reporter, on Wall Street dulled by renewed trading slump. Running time 05:03 Before it's here, it's on the Bloomberg Terminal. LEARN MORE

Bloomberg Markets: Jefferies Bond Revenue Falls 33%

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Laura J Keller Reporter:Banking & Wall Street Bloomberg News Discussing Jefferies Group posting a 33 percent drop in quarterly bond-trading revenue, signaling weakness in a business that's been a strength for Wall Street in the past year.

Bloomberg's Keller: Trading Revenue At Banks Struggling To Grow

Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz. GUEST: Laura Keller, financial reporter for Bloomberg, on continued low volatility and trading volume throughout Wall Street. Running time 06:46 Before it's here, it's on the Bloomberg Terminal. LEARN MORE

Bloomberg Markets: Wells Fargo Executives Shrugged Off Warnings

Bloomberg Markets with Cory Johnson and Caroline Hyde. GUEST: Laura J Keller Financial Reporter Bloomberg News Discussing that senior Wells Fargo & Co. managers failed to heed warnings of spreading sales abuses for more than a decade, treating thousands of fired employees as rogues, and then downplayed the mounting terminations as the board began raising questions.

Bloomberg Markets: Finance Workers Using Secret Text Messages

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Laura Keller Financial Reporter Bloomberg News Discussing her story "Wall Street's WhatsApp Secret: Illegal Texting Is Out of Control." Running time 08:00

Bloomberg Markets: Wells Fargo Withholds Top Executives' Awards

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Laura Keller Financial Reporter Bloomberg News Discussing Wells Fargo canceling bonuses and reducing compensation for executives involved in unauthorized customer accounts scandal. The bank also warned investors it may find more victims of the bogus-account scandal that shook the company last year.

Bloomberg's Keller on CLSA Shutting Its Equity Research Staff

Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz. GUEST: Laura Keller, financial reporter for Bloomberg, on China's CLSA shutting its equity research staff including banks analyst Mike Mayo, and the industry shift on financial research. Running time 04:58 Before it's here, it's on the Bloomberg Terminal. LEARN MORE

Bloomberg Markets: Brigade Capital Said to Return 23% in 2016

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Laura J Keller Financial Reporter Bloomberg News Discussing Brigade Capital Management's main hedge fund returned almost 23 percent last year as the market for corporate credit snapped back from a turbulent 2015, according to a person with knowledge of the returns.

Bloomberg's Keller, Stein, on Wells Fargo's Sales Abuse Culture

Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz. GUEST: Laura Keller, Bloomberg finance reporter, and Elliot Stein, Senior Litigation Analyst for Bloomberg Intelligence, on Wells Fargo's sales abuse culture and the SEC investigation. Running time 08:00 Before it's here, it's on the Bloomberg Terminal. LEARN MORE

Janus' Pitt-Miller, Bloomberg's Keller: Deutsche Lacks Strategy

Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz. GUEST: Barrington Pitt-Miller, Equity Analyst and Euro market expert at Janus Capital, and Laura Keller, Bloomberg Finance reporter, on Deutsche Bank earnings and the company's lack of strategy. Running time 08:00 Before it's here, it's on the Bloomberg Terminal. LEARN MORE

Bloomberg Markets: Wells Fargo Questions on Profiling Latinos

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Laura J Keller Finance Reporter Bloomberg News Discussing Morgan Stanley earnings and the possibility that Wells Fargo singled out Latinos, particularly those without Social Security numbers or a strong command of English, as they opened legions of unauthorized accounts.

Bloomberg Markets: Mosby Sees 'Normal' Levels for Banks

Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Marty Mosby Analyst Vining-Sparks Discussing banks earnings and outlook with Laura Keller of Bloomberg News. producer: Paul Brennan +1-212-617-8292 or [email protected] Running time 08:00 Before it's here, it's on the Bloomberg Terminal. LEARN MORE

The Bloomberg Advantage: Wells Fargo CEO Faces Senate Scrutiny

(Bloomberg) -- The Bloomberg Advantage with Carol Massar and Cory Johnson. GUESTS: Laura J Keller Finance Reporter Bloomberg News Discussing Senate hearing for Wells Fargo CEO John Stumpf over the accusation that the bank created more than 2 million deposit and credit-card accounts without customers' authorization with Ken Springer, President at Corporate Resolutions.

The Bloomberg Advantage: Mr. Clean of Banking Mired in Scandal

(Bloomberg) -- The Bloomberg Advantage with Carol Massar and Cory Johnson. GUEST: Laura J Keller Finance Reporter Bloomberg News Discussing Wells Fargo CEO John Stumpf, known as the Mr. Clean of American banking, struggling to contain the damage to the bank's reputation after the lender agreed to pay $185 million to settle allegations that it opened 2 million credit-card and other accounts for customers without their knowledge.

The Bloomberg Advantage: Brexit Seen Biting U.S. Bank Profits

(Bloomberg) -- The Bloomberg Advantage with Carol Massar and Cory Johnson.

Bloomberg Advantage: Inside Look at Citi’s Secret Client List

Caesars Skips Interest Payment, As Restructuring Talks Continue

Caesars Entertainment Corp. is skipping a $225 million interest payment to junior creditors as it continues to negotiate restructuring debt held by its largest unit with more senior lenders, according to a regulatory filing. The interest payment due on second-tier debt covering its Caesars Entertainment Operating Co. has a 30-day grace period.

Puerto Rico Details Proposal to Restructure Debt

Puerto Rico released details of a proposal to restructure the commonwealth's debt that would reduce the burden by 46 percent under a bond exchange, making negotiations with creditors public as it seeks to convince U.S. lawmakers that its obligations are unsustainable. Bloomberg's Laura Keller reports on "Bloomberg ‹GO›." (Source: Bloomberg)

Lutetium Capital and the Stress of Distressed Credit

Lutetium Capital has become the latest hedge fund to announce plans to liquidate its two credit funds and return investor cash. Bloomberg's Laura Keller examines the growing concerns in the high-yield market on "Bloomberg ‹GO›." (Source: Bloomberg)

Puerto Rico to Default on $37 Million of Payments

Puerto Rico will default on about $37 million in bond payments due Jan. 1 and divert revenue to make others, escalating a conflict with investors as Governor Alejandro Garcia Padilla seeks to restructure a $70 billion debt burden. Bloomberg's Laura Keller speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Puerto Rico to Default on $37 Million of Payments Due Jan. 1

Puerto Rico will default on about $37 million in bond payments due Jan. 1 and divert revenue to make others, escalating a conflict with investors as Governor Alejandro Garcia Padilla seeks to restructure a $70 billion debt burden. The amount is a fraction of the almost $1 billion in interest due at the start of the year.

Puerto Rico Will Miss Two Bond Payments

Puerto Rico Governor Alejandro Garcia Padilla said the commonwealth will default on two bonds worth about $37 million due January 1. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Default Dilemma: Puerto Rico to Skip Two Bond Payments

Puerto Rico officials said the commonwealth will default on two bond payments due January 1. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Will Puerto Rico Pay Up by Jan. 1?

Bloomberg's Laura Keller reports on Puerto Rico's debt crisis. She speaks with Bloomberg's David Westin on "Bloomberg ‹GO›." (Source: Bloomberg)

Can Puerto Rico Pay Up?

Opinions vary on how to fix Puerto Rico's $70 billion debt crisis, but analysts, investors, credit-rating companies and even Governor Alejandro Garcia Padilla agree on one thing: the commonwealth will default in 2016. The question is, will it happen as soon as Jan. 1? Bloomberg's Laura Keller has more on "Bloomberg ‹GO›."

Distressed Debt Creates Hedge Fund Market Stress

Hedge Funds specializing in distressed debt have suffered their worst declines in seven years, enhanced by a continued drop in commodities prices. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Chesapeake Bleeds Cash Amid Commodities Tumble

Credit investors who lent $11 billion to Chesapeake Energy Corp. are starting to give up on the company, the second-biggest junk-debt issuer in the U.S. energy industry. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Oil Rout Puts Companies on the Brink

Bloomberg's Laura Keller reports on energy companies in distress. She speaks on "Bloomberg Markets." (Source: Bloomberg)

Puerto Rico's New Debt Crisis Plan

Bloomberg's Laura Keller reports on Puerto Rico's debt crisis on "Bloomberg ‹GO›." (Source: Bloomberg)

How Bad Are Puerto Rico's Debt Problems?

Puerto Rico bond prices suggest that investors are doubtful of a proposal being floated that would have the U.S. Treasury assist the commonwealth in the restructuring of its debt. Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

The Controversy Behind Puerto Rico's Debt Problems

Bloomberg's Laura Keller updates the latest news on Puerto Rico's debt woes. She speaks on "Bloomberg Markets." (Source: Bloomberg)

Storm Stalls Puerto Rico Debt Plan

Puerto Rico bondholders are being left with more questions than answers for as much as a week longer after Governor Alejandro Garcia Padilla gave advisers more time to work on a proposal to restructure the commonwealth's $72 billion debt burden. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Sequa Burns Through Nearly Half Its Cash

Sequa Corp., an aerospace parts servicer controlled by Carlyle Group LP, burned through nearly half of its cash in the second quarter as earnings tumbled and a recently acquired unit ran into trouble, according to three people with knowledge of the company's performance. Bloomberg's Laura Keller reports on "Bloomberg Markets."

Arch Coal Under Pressure Over Debt Dispute

Arch Coal is caught in a dispute with senior lenders that's thwarting its plan to cut debt costs and avoid the fate of four industry peers that have filed for bankruptcy protection. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

How Will Puerto Rico's Debt Crisis End?

A Puerto Rico agency is poised to default on bonds for the first time Monday, initiating a clash with creditors as the struggling commonwealth seeks to renegotiate its $72 billion debt load. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Hedge Fund Report: Puerto Rico Can Pay Its Debts

A report released by a group of hedge funds that own $5.2 billion of Puerto Rico bonds said the island's central government can pay what it owes, showing the resistance the commonwealth faces as it seeks to restructure its $72 billion of debt. Bloomberg's Laura Keller reports on

Distressed Bonds Down 8.2% This Month on Oil, Coal

Distressed bonds have lost 8.2 percent this month as oil and coal prices slid, bringing this year's loss to 12.2 percent, according to a Bank of America Merrill Lynch index that tracks the debt. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Caesers Tries New Restructuring Strategy

After six months of stalled talks on how to restructure $19.9 billion of debt held by creditors of Caesars Entertainment Corp.'s biggest unit, the casino company is trying a new strategy. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Is JPMorgan in Hot Water Over Loan Deal?

Bloomberg's Laura Keller reports on the ethics of a JPMorgan loan deal that went bad. She speaks on

The Battle Over Caesars Entertainment

Paulson & Co. is among the creditors closing in on a deal intended to salvage a bankruptcy plan that Caesars Entertainment Corp. is pushing to restructure its insolvent operating unit, according to two people with knowledge of the matter. Bloomberg's Laura Keller has more on "Bloomberg Markets." (Source: Bloomberg)

What Comes Next for Puerto Rico and Investors?

Bloomberg's Laura Keller examines Puerto Rico's debt crisis and the threat of legal action by investors. She speaks on "Bloomberg Markets." (Source: Bloomberg)

Puerto Rico's $72B Debt Dilemma

Puerto Rico, the cash-strapped commonwealth, is struggling to pass a budget that would allow it to make payments on a $72 billion debt load that the island's governor said is unsustainable. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)

Inside Puerto Rico's Debt Problem

With two days left in Puerto Rico's fiscal year, the cash-strapped commonwealth is struggling to pass a budget that would allow it to make payments on a $72 billion debt load that the island's governor said is unsustainable. Bloomberg's Laura Keller reports on "Market Makers." (Source: Bloomberg)

Puerto Rico: How Will Default Impact Your Portfolio?

Bloomberg's Laura Keller report on Puerto Rico's attempt to restructure its $72 billion debt load, raising the specter of a record-setting default. She speaks on "Bloomberg Markets." (Source: Bloomberg) Puerto Rico's Debt Default: What It Means to Investors 51:32 - Tim Blake of Moody's Investors Service explains the impact of Puerto Rico's debt default and how the territory moves forward following action by the U.S.

Hedge Funds’ Big Bet on Puerto Rico’s Debt

Caesars Is Under Pressure to Meet With Creditors

Caesars Entertainment Corp. fell 16 percent to its lowest in more than two years after a judge delivered a victory for creditors that could expose the casino company to claims connected to its bankrupt subsidiary. Bloomberg's Laura Keller reports on "Market Makers." (Source: Bloomberg) How Low Can Bond Yields Go?

China Traders Looking Past Defaults

April 22 -- Bloomberg's Laura Keller reports on the Chinese economy and defaults. She speaks on "In The Loop."

Why the Blurry Outlook for Getty Images?

March 2 -- Getty Images is caught in a price war that's sapping profits and undermining investors' confidence in its finances. Bloomberg's Laura Keller reports on "Bottom Line."

Getty Images CEO Jonathan Klein to Step Down

March 19 -- Getty Images' debt prices slid to record lows as the largest seller of stock photography said its CEO, Jonathan Klein, is preparing to give up that title.

Energy Companies Sell Record $14.5B Debt

March 6 -- Bloomberg's Laura Keller examines energy firms that sold record debt this week. She speaks with Bloomberg's Pimm Fox on "Bottom Line." (Source: Bloomberg)

Apollo, TPG Beat the House in Caesars Bankruptcy

Jan. 15 -- Caesars Entertainment has filed for bankruptcy of its main operating unit, but Apollo Global Management and TPG Capital may hold onto their stake in the parent company. Bloomberg's Laure Keller reports on "Market Makers."

The Battle Over Caesars Entertainment

Jan. 2 -- Leon Black's Apollo Global Management LLC and Paul Singer's Elliott Management Corp. battle over the fate of Caesars Entertainment.