22:42:39
Goldman Sachs CEO Solomon: (asked about the bankruptcy of Silicon Valley Bank and possible regulatory actions) Goldman Sachs is ready. We believe that large global systemically important banks (G-SIBs) are already too strong to require additional capital, but in the current reassessment environment, Goldman Sachs is well positioned to adapt to new demands.
22:40:01
Bank of England monetary policy member Mann: Policy is still "working through expected channels".
22:39:55
Bank of England Monetary Policy Committee Mann: Inflation expectations are falling.
22:39:49
WTI crude oil fell below $67 per barrel, down nearly 5% on the day, hitting a new low in more than a month.
22:37:03
Bank of England monetary policy member Mann said: She is very concerned about the role of sterling.
22:34:56
Goldman Sachs CEO Solomon: Think inflation is more sticky.
22:34:23
Mann, Monetary Policy Member of the Bank of England: Monetary policy is not good at fine-tuning and should focus on controlling inflation.
22:34:08
Bank of England monetary policy member Mann: Monetary policy is "not suitable" for "fine-tuning" interest rates.
22:33:53
Goldman Sachs CEO Solomon: I firmly believe that the banking industry needs more integration.
22:31:14
Bank of England monetary policy member Mann: The decline in inflation expectations is very important to my decision to raise interest rates from 50 basis points to 25 basis points.
22:30:41
Goldman Sachs CEO Solomon: Valuations will be reset in 2022, and the cost of capital will increase, leading to a slowdown in capital market activity. It takes 4 to 6 quarters to complete the reset, and five quarters have passed so far.
22:29:47
Goldman Sachs CEO Solomon: The company has made some adjustments in the consumer business, reducing its direct-to-consumer ambitions and focusing on the operation and improvement of the deposit platform and credit card business.
22:29:19
Bank of England monetary policy member Mann: wait for data analysis before deciding on the next vote.
22:28:36
Brent crude oil fell to 72 US dollars / barrel, an intraday drop of 3.96%.
22:27:27
Bank of England monetary policy member Mann: very worried about sticky core inflation.
22:26:28
Bank of England monetary policy member Mann: Concerned about "sustained pressure" on inflation.
22:26:06
Mann, Monetary Policy Member of the Bank of England: I still have doubts about how tight financial conditions in the UK really are.
22:25:56
Goldman Sachs CEO Solomon: There is no latest news on the sale of fintech lending company GreenSky.
22:23:50
Kekai International CEO: The economy is on the verge of recession.
22:23:37
Goldman Sachs CEO Solomon: Over the past few months, clients have been avoiding risk.