Erik Schatzker is an anchor and editor-at-large at Bloomberg Television, where he hosts "Market Makers," airing from 10-12pm ET, alongside co-host Stephanie Ruhle. Each day on "Market Makers," Schatzker provides insight on the companies and stories moving the markets and brings interviews with top names in finance.
With nearly two decades of experience as a financial journalist in the U.S., Canada, Europe, South America and the Middle East, Schatzker regularly speaks with Wall Street's most powerful executives and the top money managers from around the world. He's interviewed Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Citigroup CEO Vikram Pandit, BlackRock's Larry Fink, private equity magnates Steve Schwarzman and David Rubenstein as well as fund managers Jim Chanos and George Soros. Schatzker also reports live from the World Economic Forum in Davos, Switzerland.
Prior to joining Bloomberg Television in 2007, Schatzker led Bloomberg's print coverage of financial services in the Americas. Schatzker began his career with the South Pacific Mail in Santiago, Chile. He served as a correspondent in Santiago and Toronto for Knight-Ridder Financial/Bridge News before starting with Bloomberg as a technology reporter in 1998. Schatzker's past positions with Bloomberg include Toronto Bureau Chief and Senior Writer for Bloomberg Markets magazine.
Schatzker earned a bachelor's degree in history from the University of Toronto. He is based in New York City.
Richard Kovacevich, the former chairman and chief executive officer at Wells Fargo & Co., said less than two dozen institutions caused the financial crisis and new regulations are hurting innocent commercial banks.
Itau BBA, the wholesale arm of Latin America’s biggest bank by market value, said it expects investment-banking fees from Brazil to shrink to about 40 percent of the region’s total from 60 percent now.
Pacific Investment Management Co.’s Bill Gross said the end of the 30-year rally in U.S. bonds is unlikely to be reminiscent of the drop in 1994, when the Federal Reserve raised interest rates more than forecast.
Australia’s dollar, which fell below parity against its U.S. peer last week for the first time since June 2012, remains overvalued after a commodity boom, according to John Taylor, founder of currency-hedge fund FX Concepts LLC.
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