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Showing 41 - 50 of 269 results for "Bank of America"

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... as the US's biggest banks struggle to grapple with the impacts of the spreading coronavirus, with Citibank, Bank of America, JP Morgan and Wells Fargo all recording share price losses overnight (5.64%, 6.49%, 4.93% and 5.77% respectively). As earnings ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists. It comes as about 6.65 million people filed for unemployment in the US this week, in the highest level of claims received by the ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... second rate cut from the Fed this month. JP Morgan predicts the Fed will lower rates by 100bps next week, while Bank of America and Barclays both believe the Fed will cut rates by 50bps at both March and April meetings, taking interest rates down to ...

Tribeca portfolio manager quits

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... statement. Evans was at Tribeca for less than four years. He joined in 2016, after working for Macquarie Bank and Bank of America Merrill Lynch.

Melbourne boutique adds to team

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... Ben Wang are also based there. JCB was started in 2014 by former JP Morgan bonds salesman Angus Coote and former Bank of America Merrill Lynch bond trader Charles Jamieson. It currently runs two strategies: its original Australian sovereign debt one ...

TCorp launches new bond

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... 2018. "In addition, EY has provided independent assurance over our programme and the assets in our pool." ANZ, Bank of America Merrill Lynch and National Australia Bank will act as joint lead managers on for the transaction.

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... meeting and keep them there through to the end of 2020. That's one more rate cut this year. Two more if you ask Bank of America Merrill Lynch which expects 25 bps cuts at the October and December FOMC meeting. At the end of the day and to quote Jerome ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... basis points to 1.50%-1.75% at its December 2019 FOMC meeting and keep them there through to the end of 2020. Bank of America Merrill Lynch is less sanguine, projecting three rate cuts of 25 basis points each this year - in September, October and December ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... in recession 12-18 months from today. This outlook explains why despite low to very low cash rates, the latest Bank of America Merrill Lynch Global Research survey of fund managers found allocations to cash jumped to 5.6% from 4.6% in each of the past ...

UniSuper makes two senior hires

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
... analyst at Australian Equities investment manager JCP Investment Partners. Prior to this, she held senior roles with Bank of America Merrill Lynch in Australia and Hong Kong. Chief investment officer John Pearce said Heard will strengthen UniSuper's ...