Bloomberg Americas Monetary Summit

Event Information and Excerpts from Michael R. Bloomberg

Apr 21, 2015 9:50 AM ET

Campaign: Bloomberg: Sustainable Finance

Michael R. Bloomberg, Founder/CEO, Bloomberg LP Michael R. Bloomberg is a businessman and philanthropist who served three terms as mayor of the City of New York. Bloomberg is the founder and owner of Bloomberg LP, the leading financial news and information provider worldwide. Bloomberg LP has over 320,000 subscribers and 15,500 employees in over 192 locations globally.

William C. Dudley, President and CEO of the Federal Reserve Bank of New York William C. Dudley became the 10th president and CEO of the Federal Reserve Bank of New York on January 27th, 2009. In that capacity, he serves as vice president and permanent member of the Federal Open Market Committee (FOMC), responsible for formulating monetary policy of the nation group.

Joaquim Levy, Brazil’s Finance Minister Joaquim Levy is an economist who is currently the Minister of Finance of Brazil. He took office on January 1, 2015, during the inauguration of the second term of Dilma Rousseff, the current president of Brazil. Prior to his appointment, he was president of Bradesco Asset Management, a division of Bradesco, the second largest private bank in Brazil.

Stephen S. Poloz, Governor of the Bank of Canada Stephen Poloz has been Governor of the Bank of Canada since June 3, 2013. Mr. Poloz has over 30 years experience in the public and private sector. An economist by training, the Bank of Canada joined in 1981 and held a number of increasingly senior management positions in a span of 14 years

José Darío Uribe, Governor of the Bank of the Republic of Colombia Jose Dario Uribe E. is the Governor of the Bank of the Republic of Colombia since January 2005. Previously, he worked as the deputy governor of the Central Bank from January 1998 Director of the Research Department of the Bank of September 1993-1998.

Julio Velarde, President of the Central Reserve Bank of Peru Julio Velarde is the Governor of the Central Reserve Bank of Peru from October 2006 to date. He served as President of the Latin American Reserve Fund (FOR) from 2004 to October 2006 and was a member of the Board of Governors of the Central Reserve Bank of Peru between 1990-1992 and 2001-2003

Rodrigo Vergara, Governor of the Central Bank of Chile Rodrigo Vergara has been Governor of the Central Bank of Chile since December 2011, and was appointed to the Board of Directors of Banco Central de Chile in December 2009 for a period of ten years. Between 1985 and 1995 he worked at the Central Bank of Chile, reaching the position of Chief Economist in 1992.

Michael R. Bloomberg hosted Bloomberg’s first-ever Americas Monetary Summit, featuring Central Bank leaders from Canada, Chile, Colombia, Peru and the United States. Brazil’s Finance Minister also spoke.

These policy makers shared their economic forecasts for 2015-2016, and strategies to boost growth, handle inflation and create more jobs amid a shifting global environment.

EVENT INFORMATION

This event was held on Monday April 20, 2015 from 8:15 am – 11:00 am EST
Click here to download the agenda.

Live stream web casts were available in English, Portuguese and Spanish.

To see post event content in these languages, visit our regional websites:

in Spanish at www.bloomberg.com/latam
in Portuguese at www.bloomberg.com.br

EXCERPTS FROM MICHAEL R. BLOOMBERG

“This summit is a rare opportunity to hear from key policymakers from many of the biggest economies in the Americas, including our own. Each of the countries represented today have influential central banks that help set the tone for their national economies, and all of these economies are more interconnected than ever. Our company is helping make that possible, by giving investors information they need to find opportunities across borders.

The most valuable currency in the financial markets is reliable information. John Micklethwait’s recent interview with the Brazilian president is a great example of that. It helped provide clarity on Brazil’s future, in the words of the country’s leader. That’s critical information for investors – and it helped move markets.

Our company is always looking for opportunities to do that, and today’s summit is one of those opportunities. Transparency increases confidence and leads to better decision-making, which leads to more economic growth. That’s a founding principle here at Bloomberg and hosting events like this helps us fulfill our mission, by providing a forum to communicate critical information about the marketplace.
We’re also glad to host this summit because the Americas are an increasingly important part of our business. Over the last five years, our core terminal business has grown in Brazil and Canada by 40% each, in Chile and Colombia by nearly 70% each, and in Peru by more than 100%. We recently opened new offices in Santiago, Chile; Sao Paulo; and Calgary.

Our news division is also growing across the Americas. This year, we announced plans to launch Bloomberg TV Canada, in partnership with Canada’s Channel Zero, to provide in-depth coverage on issues affecting the Canadian economy. Those issues impact all of us, because the trade relationship between the U.S. and Canada is the largest in the world. Canada is a key player in the global market, particularly in energy. Its decisions will help determine our success in confronting climate change, and many other challenges we face.

Last year, our company also launched a partnership with the Brazilian financial news site, called “Info Money.” Through that partnership, Bloomberg is providing more business news and analysis in Portuguese, which helps investors find opportunities in Latin America’s largest economy.

All of these markets are very important to our company. And this summit is a chance to hear from some of the people who are shaping them.”

Bloomberg Americas Monetary Summit

Event Information and Excerpts from Michael R. Bloomberg

More from Bloomberg

Companies With Gender Diverse Boards Deliver 2–5% Higher Annual Returns Than Companies With Fewer Women, Finds Bloomberg Intelligence

Bloomberg Named a Leader in Climate Financial Data and Analytics in Report by Independent Research Firm

Bloomberg Launches Solution to Help Investors Assess Their Exposure to Nature and Biodiversity-Related Risks

Public Research for Climate Action

Bloomberg Expands Climate Solutions To Enhance Corporate Transition Risk Assessments and Help Firms Align Portfolios With Their Net Zero Targets

EDP Renewables to Supply Clean Electricity to Bloomberg in Innovative Long-Term Contract

Bloomberg Named a Leader in ESG Data and Analytics in Report by Independent Research Firm

Net-Zero Window Closing but Still Time To Get on Track