Thread by @business

“We will have a significant number of more banks that will not exist 12 months to 24 months from now that exist today”

Man Group CEO Luke Ellis warns the banking crisis isn’t over, and more lenders could fail

Latest updates from #BloombergInvest: trib.al/BRGQaUX

https://twitter.com/BloombergLive/status/1638484592268025856

Switzerland’s strengths as a wealth management center will survive Credit Suisse’s collapse, says Hubert Keller, Lombard Odier’s senior managing partner

Latest updates: trib.al/BRGQaUX

"Switzerland is the largest place for cross border wealth management in the world for a number of reasons that have not changed with Credit Suisse," Lombard Odier Group's Hubert Keller says

Latest updates from #BloombergInvest: trib.al/BRGQaUX

"I think the banking system has genuinely improved in the last 10-15 years...in the end the banking system is confidence, and if that starts to disappear then you still have a problem,"
@GoldmanSachs Sharon Bell says trib.al/BRGQaUX

Philipp Freise, co-head of European private equity at KKR, says his industry is at the start of a new golden era

Latest updates from #BloombergInvest: trib.al/BRGQaUX

Retail investors have been able to “narrow the gap” on financial pros thanks to a flood of information, including on social media, a panel said at the #BloombergInvest conference.

Latest updates: trib.al/BRGQaUX

Since the mid-1950s, art prices have increased at a rate of about 8.5% annually, Oliver Barker, the chairman of Sotheby’s Europe, says at the Bloomberg Invest conference

Latest updates: trib.al/BRGQaUX

“The culprit is, I may say, the Federal Reserve"

Stanhope Capital CEO Daniel Pinto warns that fallout from the banking crisis will be “substantial” and the Fed must bear the blame

Latest updates from #BloombergInvest: trib.al/BRGQaUX