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REG

Family Offices Increasingly Looking to Next Generation

Bank of America Private Bank Head of Family Office Solutions Elizabeth Thiessen believes that the widespread wealth transfer that is occurring across the US is also affecting family offices, as a majority are beginning to think about a new generation and era of investing with an "increased focus on philanthropy and a definite increase use of technology.

Bank of America Private Bank Head of Family Office Solutions Elizabeth Thiessen believes that the widespread wealth transfer that is occurring across the US is also affecting family offices, as a majority are beginning to think about a new generation and era of investing with an "increased focus on philanthropy and a definite increase use of technology." She joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break down the evolution of family...
Bloomberg Politics • Dec 2, 9:13 PM
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The Fed may need to act as potential trouble brews in a key corner of the financial market

Potential signs of trouble are popping up again in the form of tighter conditions in short-term funding markets, which act as the indoor plumbing of the financial system, and this may require the Federal Reserve to take action relatively soon.

Potential signs of trouble are popping up again in the form of tighter conditions in short-term funding markets, which act as the indoor plumbing of the financial system, and this may require the Federal Reserve to take action relatively soon.
MarketWatch - Top Stories • Dec 2, 9:10 PM
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Bitcoin Rallies Back Above 90k | Bloomberg Businessweek Daily 12/2/2025

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss Bitcoin's rebound back over $90,000 following a prolonged selloff.

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss Bitcoin's rebound back over $90,000 following a prolonged selloff. Bloomberg's Monique Mulima joins the show to break it down. Also on today's show, AGI at Amazon Senior Vice President and Head Scientist Rohit Prasad sits down with 'Bloomberg Tech' co-host Ed Ludlow to discuss the rollout of Amazon's Nova Forge generative AI model, and Bank of America Private Bank Head of Family...
Bloomberg Politics • Dec 2, 9:05 PM
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The High Price of Clemency

Eli Weinstein stole millions of dollars from investors during Covid after Donald Trump commuted his sentence for an earlier conviction.

Eli Weinstein stole millions of dollars from investors during Covid after Donald Trump commuted his sentence for an earlier conviction. Now Weinstein is said to be planning to ask for clemency again. (Source: Bloomberg)
Bloomberg Politics • Dec 2, 9:00 PM
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Trump Says Brazil’s Lula Discussed Sanctions, Trade in Call

President Donald Trump said he spoke with his Brazilian counterpart, Luiz Inacio Lula da Silva, about sanctions the US imposed on officials from the South American country, a signal that relations between the two nations continue to improve.

President Donald Trump said he spoke with his Brazilian counterpart, Luiz Inacio Lula da Silva, about sanctions the US imposed on officials from the South American country, a signal that relations between the two nations continue to improve.
Bloomberg Politics • Dec 2, 8:59 PM
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Bloomberg Markets 12/2/2025

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street.

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Zendesk CEO Tom Eggemeier, Bloomberg's Amara Omeokwe, Ed Ludlow, Monique Mulima and Keith Naughton. (Source: Bloomberg)
Bloomberg Markets • Dec 2, 8:52 PM
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AWS Introduces Amazon Nova Forge Generative AI Model

Amazon is introducing updates to its main line of AI models, including Nova Forge, a generative AI model designed to let sophisticated users grab versions of Amazon’s Nova models and customize them with their own data.

Amazon is introducing updates to its main line of AI models, including Nova Forge, a generative AI model designed to let sophisticated users grab versions of Amazon’s Nova models and customize them with their own data. AGI at Amazon Senior Vice President & Head Scientist Rohit Prasad joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break down whats's next for Amazon's line of AI products. (Source: Bloomberg)
Bloomberg Politics • Dec 2, 8:46 PM
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US Awards $800 Million to TVA, Holtec to Spur Small Nuke Plants

The US awarded $800 million to two developers to build small reactors, part of the Trump administration’s efforts to accelerate deployment of the technology to meet soaring power needs.

The US awarded $800 million to two developers to build small reactors, part of the Trump administration’s efforts to accelerate deployment of the technology to meet soaring power needs.
Bloomberg Markets • Dec 2, 8:43 PM
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S&P Says NZ Rates Cap Could Be Credit Negative for Councils

The New Zealand government’s plan to impose a cap on land taxes, or rates, charged by local councils could be credit negative for the sector unless matched over time with cuts in spending growth, according to S&P Global Ratings.

The New Zealand government’s plan to impose a cap on land taxes, or rates, charged by local councils could be credit negative for the sector unless matched over time with cuts in spending growth, according to S&P Global Ratings.
Bloomberg Markets • Dec 2, 8:35 PM
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Hong Kong's Deadly Fire Triggers Rare Public Outrage

On today’s Big Take Asia podcast, we look at how the deadliest Hong Kong fire in decades united a city in grief and pierced the fragile political calm.

On today’s Big Take Asia podcast, we look at how the deadliest Hong Kong fire in decades united a city in grief and pierced the fragile political calm.
Bloomberg Politics • Dec 2, 8:32 PM
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Trump Hails $6 Billion Dell Gift to Boost Accounts for Children

Donald Trump hailed a gift from Michael and Susan Dell to jumpstart investment accounts for American children, expanding a signature initiative from the president’s tax law that has drawn support from corporate and financial leaders.

Donald Trump hailed a gift from Michael and Susan Dell to jumpstart investment accounts for American children, expanding a signature initiative from the president’s tax law that has drawn support from corporate and financial leaders.
Bloomberg Politics • Dec 2, 8:27 PM
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Vanguard finally dips a toe into crypto waters as bitcoin rebounds above $91,000

The Vanguard Group started letting clients buy crypto exchange-traded funds managed by third parties for the first time on Tuesdasy — just in time for a rebound for the beleaguered digital asset.

The Vanguard Group started letting clients buy crypto exchange-traded funds managed by third parties for the first time on Tuesdasy — just in time for a rebound for the beleaguered digital asset.
MarketWatch - Top Stories • Dec 2, 8:26 PM
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Heritage Financial Corporation to Acquire Olympic Bancorp in $171.6 Million Merger Agreement

Heritage Financial Corporation has announced a definitive merger agreement to acquire Olympic Bancorp, Inc., valuing the deal at approximately $171.6 million. Shareholders of Olympic will receive 45 shares of Heritage common stock for each share held, creating a combined entity with substantial market presence.

In a significant move within the Pacific Northwest banking sector, Heritage Financial Corporation (NASDAQ: HFWA) has entered into a merger agreement to acquire Olympic Bancorp, Inc. This transaction, which has been unanimously approved by the boards of directors of both companies, positions Heritage as the surviving bank holding company following the merger of Olympic into Heritage. Under the terms of the agreement, each issued and outstanding share of Olympic's Class A voting common stock and...
USFM • Dec 2, 8:25 PM
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Trump To Ease Mileage Rules In Bid To Curb Rising Car Prices

Bloomberg News broke the story that Trump administration is poised to announce new fuel efficiency standards for cars in a bid to undo requirements it has assailed for driving up the cost of new cars.

Bloomberg News broke the story that Trump administration is poised to announce new fuel efficiency standards for cars in a bid to undo requirements it has assailed for driving up the cost of new cars. Bloomberg's Auto reporter Keith Naughton discussed it on "Bloomberg Markets" with Katie Greifeld. (Source: Bloomberg)
Bloomberg Markets • Dec 2, 8:22 PM
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Gensler Says Investing Public Should Be Aware of Crypto Risks

Former SEC chair Gary Gensler said that investors should be aware of the risks of investing in a 'speculative, volatile' asset like crypto even as it becomes more accepted in the mainstream and by Trump White House.

Former SEC chair Gary Gensler said that investors should be aware of the risks of investing in a 'speculative, volatile' asset like crypto even as it becomes more accepted in the mainstream and by Trump White House. (Source: Bloomberg)
Bloomberg Politics • Dec 2, 8:11 PM
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Gensler Says Bitcoin Remains 'Speculative, Volatile'

Former SEC chair Gary Gensler said that investors should be aware of the risks of investing in a 'speculative, volatile' asset like crypto even as it becomes more accepted in the mainstream and by Trump White House.

Former SEC chair Gary Gensler said that investors should be aware of the risks of investing in a 'speculative, volatile' asset like crypto even as it becomes more accepted in the mainstream and by Trump White House. He also talks about the recent trading disruptions at the Chicago Mercantile Exchange. (Source: Bloomberg)
Bloomberg Politics • Dec 2, 8:11 PM