Hints and tips:
...“The bumper sticker would say, we’re past the V,” says Michael Gapen, chief US economist at Barclays, referring to the shape of the recovery since the shocking collapse last year....
...On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the then chief executive of Merrill Lynch....
...Over at Bank of America Merrill Lynch, its analysts are flagging how this year’s “downturn phase” appears on the cusp of shifting towards an “early cycle” period, whereby smaller companies and deep value...
...Relative forward P/E of software v semis, commercial & professional services v capital goods and C&P v transportation Bank of England stuck on hold — On Thursday there was consensus among UK policymakers...
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...The idea of the fee model is to “defang the argument that active managers charge their clients whether or not they perform [and to] change the narrative around the active v passive debate”, says Mr Utermann...
...He’s held a number of roles a various banks including Bank of America Merrill Lynch and Morgan Stanley. Nordic Capital has appointed Henrik Johansson as its general counsel starting later this year....
...A partial liquidity event will result from the expiry of Eurofund V next year, which may result in a validation of the business’ valuation.”...
...Bank of America Merrill Lynch estimates that of $1.2tn parked overseas, perhaps half of the post-tax total, or about $450bn, could be devoted to share buybacks....
...According to Dealogic, since 2010 less than 50 per cent have succeeded, meaning that the odds are against Hock Tan and his long list of deal advisers (Moelis, Citi, Deutsche Bank, JPMorgan, BofA Merrill...
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...(FT) HK v SH The fight to attract IPOs used to play out between Hong Kong and Singapore but now the focus has moved northward....
...Wall St v Main St, Round 2 Wall Street's reaction to the best increase in average hourly earnings in almost a decade has already secured a minor place in market history....
...MUFG’s former private banking joint venture with Merrill Lynch was struck by Mr Hirano and James Gorman (now Morgan Stanley’s chief executive) when he headed Merrill’s private client business....
...Trivago, which began as German start-up, said it will issue American depository shares representing class A shares of its affiliate, Travel B.V., which will be listed on the Nasdaq Global Select Market under...
...V. Goings, chief executive of Tupperware Brands, noting that he has denied requests from presidents of “both parties” to give speeches at its corporate campus....
...“I see a V-shaped trajectory for the pound in the coming quarters.” Reverberations are also being felt across equity and bond markets as investors reconsider ownership of British assets....
...He brought in equity investors such as John Paulson, Chris Flowers, George Soros and Michael Dell, arranged the financing through Merrill Lynch and took the chief executive role himself....
...addition to the release of weaker-than-expected April trade data on Sunday, investors were also digesting reports in local media that the country’s economic performance would be “L-shaped” rather than “V-...
...More reading: Germany – Draghi v banks (ECB image via Getty)...
...Not so, argue analysts at Bank of America Merrill Lynch who caution “much of the potential beat may already be reflected in stock prices”, given the rally since the middle of February....
...That potentially represents “a dangerous mixture of greater growth concerns”, said analysts at Bank of America Merrill Lynch....
...Before Morgan Stanley decided to focus on wealth management and before Bank of America acquired Countrywide and Merrill, traders thought MS was about twice as likely as BofA to run into extreme difficulty...
...At that time, in 2004, she was living and working in the City of London, at Merrill Lynch’s private banking division....
...With nobody expecting a V-shaped recovery from the world’s second-biggest economy, corporate Japan — and its investors — are at this point none the wiser over the force of the coming headwinds....
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