Kayla Tausche is an on-air reporter based at CNBC Headquarters in Englewood Cliffs, NJ. Tausche is also a member of the ensemble cast of CNBC's "Squawk Alley," where she focuses on the big money backing technology.
Tausche has covered the banking industry, as well as corporate finance and deals— and frequently breaks news. Since joining CNBC in 2011, she has reported on a wide variety of high-profile stories, including the Facebook and Twitter IPOs, the Occupy Wall Street movement, the MF Global bankruptcy and the UK phone hacking scandal.
She reports across NBC properties as a contributor to MSNBC, "TODAY" and "Nightly News with Brian Williams." In addition to reporting, Tausche serves as a substitute anchor for flagship CNBC programs "Squawk Box," "Squawk on the Street" and "Power Lunch."
Previously, Tausche was based in London as the assistant editor of DealReporter, a Financial Times-owned publication, covering mergers and acquisitions. Prior to DealReporter, she worked on the consumer and retail beat at Bloomberg News. She began her career in journalism at the Brussels bureau of The Associated Press, where her bilingual interview experience included Jacques Chirac and Peter Mandelson.
An Atlanta native, Tausche graduated with honors in business journalism and international politics from University of North Carolina at Chapel Hill, where she was an Ameel J. Fisher scholar. She sits on the alumni boards of the UNC journalism school and the Steamboat Foundation, where she was a fellow.
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As Treasury moves to offload the majority of its remaining financial crisis-era bank bailout investments, it’s fielding heavy interest from yield-starved money managers eyeing slices of some 200 of the program’s weaker banks, according to people familiar with the matter.
With JPMorgan and Wells Fargo on tap to report this week, some investors may be questioning whether the depletion of loan loss reserves — the money banks set aside to pay for loans that turn sour — is too premature as credit quality keeps improving.
In the last six years, the Bank of America corporate family has markedly changed face: Buying Countrywide, salvaging Merrill Lynch from the brink of collapse, shedding $40 billion in other assets and streamlining its workforce. So should its name change, too?