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.
Britain’s new banking regulator has rattled lenders by holding off disclosing how much capital each firm will have to raise after ordering the industry to plug a 25 billion-pound ($38 billion) shortfall by the end of the year, three people with knowledge of the discussions said.
Capital One Financial Corp., the worst performer this year in the KBW Bank Index, agreed to pay $3.5 million to resolve U.S. regulatory claims the bank set aside inadequate reserves for auto loan losses in 2007.
Detroit is keeping its options open in deciding how to rescue the city while protecting residents and pensioners, said Kenneth Buckfire, co-president at Miller Buckfire & Co., the turnaround advisory firm acquired by Stifel Financial Corp.