Anchored by Anna Edwards and Mark Cudmore, Bloomberg Markets Europe is a fast-paced hour of news and analysis, building towards the drama and excitement of the start of the cash trade across the continent.
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On this week’s episode of Idea Generation, renowned record producer Just Blaze explains how he built one of the most impressive resumes in music, taking us on a journey from his early days as a math prodigy in Paterson, New Jersey, to becoming one of the premier beatmakers in music. Having helped shape the sound of Roc-A-Fella records, he earned a reputation as one of the most sought after pens in the game and later went on to score video games.
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The cost of insuring the bonds of Credit Suisse Group AG against default climbed to the highest on record as the collapse of Silicon Valley Bank sparked concern about broader contagion in the banking industry.
Five-year credit default swaps for the Zurich-based lender jumped as much as 36 basis points on Monday to 453 basis points, according to pricing source CMAQ. They widened the most in a Bloomberg index that tracks the CDS of 125 European high-grade companies.
Credit Suisse Default Swaps Hit Record as SVB Failure Hits Banks – Bloomberg
