Hints and tips:
...When Bank of America took over Merrill Lynch, for example, it fired 10,000 staff, while also making 7,500 workers redundant at mortgage lender Countrywide Financial....
...katie.martin@ft.com...
...Markets editor Katie Martin explores the contrarian dilemmas in markets for 2023. Investors who turned bullish as recession fears mounted have done well but the outlook is now more cloudy....
...Meanwhile, professional fights, such as that between lightweights Katie Taylor and Amanda Serrano at Madison Square Garden, are now becoming headline events....
...It entered into a series of long-dated inflation swaps with Merrill to insure against a reduction in real yields....
...Katie Nixon at Northern Trust Wealth Management anticipates the compound annualised return for global equities over the next five years will run below 6 per cent....
...Bank of America Merrill Lynch expects the first US earnings per share decline for the third quarter “since the 2015-16 earnings recession”....
...Katie Martin What is driving down the Hong Kong dollar? A sliding Hong Kong dollar is again forcing the territory’s central bank to intervene in the currency markets, for the first time since August....
...Northern Trust’s Katie Nixon says: “A waning business confidence can result in lower capital spending and investing, leading eventually to slower earnings growth and ultimately to a slowdown in jobs creation...
...Bank of America Merrill Lynch, among other banks, is advising its clients that the UK government “has effectively taken no-deal off the table”, establishing a bedrock of support for sterling....
...Figures from EPFR, crunched by Bank of America Merrill Lynch, show that while high-grade bond funds recorded their 44th consecutive week of inflows, high-yield funds experienced the second week of outflows...
...“The bond market is sending some clear signals here about lower future growth and inflation expectations,” said Katie Nixon at Northern Trust. “We think the Fed will take notice.”...
...In a note, analyst George Saravelos at the bank took a markedly different tack to his euro-bearish counterparts at Bank of America Merrill Lynch, who predict a short-term drop to $1.10, noting that flows...
...But a rare voice of caution is coming from Bank of America Merrill Lynch, which is advising clients to brace for a 10-cent fall to $1.10 this quarter....
...Job moves Royal Bank of Scotland has appointed Katie Murray as its new chief financial officer, paving the way for it to become the UK’s first major bank to have women in its top two executive positions...
...Financiers who grew accustomed to drinking tea with his predecessor, former Merrill Lynch banker Mehmet Simsek, complain that the new official seems unwilling to talk with them....
...The fun sponges at Bank of America Merrill Lynch are continuing to warn that stock markets are in line for a thumping, sticking with their view that, as they put it, Icarus will soon be replaced by Humpty...
...As Bank of America Merrill Lynch’s credit analysts put it: Hawk days are over....
...Analyst Gilles Moec at Bank of America Merrill Lynch suggests that Mr Draghi had no choice yesterday but to allow the euro to keep climbing: Don’t forget that the central bank last month chose to remove...
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