American multinational banking and financial services corporation
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
China economy: BofA upgrades China's GDP forecast after strong Q1: BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate ...
businessinsider.com/china-economy-growth-forecast-real-estate-investment-manufacturing-demand-bofa-2024-4
Gold jumps as worldwide tensions, central bank buys: Gold has been boosted by a number of factors, including China purchases.
axios.com/2024/04/08/gold-record-highs
Bank of America Cuts Space in Hong Kong in Blow to Office Market: Bank of America Corp. is cutting some office space in its headquarters in Hong Kong’s Central ...
bloomberg.com/news/articles/2024-03-19/bank-of-america-cuts-space-in-hong-kong-in-blow-to-office-market
Paid articlePaid
World Economy Latest: Middle-Class Squeeze: I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at reporting on the leveraged US ...
bloomberg.com/news/newsletters/2024-03-15/world-economy-latest-middle-class-squeeze
Morgan Stanley to cut about 50 investment-banking jobs in Asia Pacific: The planned cuts affect about 13 per cent of the 400 bankers in the region ...
straitstimes.com/business/morgan-stanley-plans-biggest-round-of-china-job-cuts-in-years
Stock market outlook: Investors are bullish, but 40% see AI in a bubble: Global fund managers said being long the Magnificent Seven is the most crowded trade ...
markets.businessinsider.com/news/stocks/stock-market-outlook-investors-bullish-ai-bubble-bank-fund-survey-2024-3
Morgan Stanley to cut about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80% of the reductions in Hong Kong and China ... Show more www.business-standard.com/world-news/morgan-stanley-plans-biggest-round-of-job-cuts-in-asia-pacific-in-years-124041700134_1.html #MorganStanley #JobCuts #China #HongKong #layoffs2024
Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump
scmp.com/business/banking-finance/article/3258865/deutsche-bank-prepares-seize-hong-kong-mainland-china-business-upswing-while-rivals-retrench-during
China Stocks See Largest Weekly Outflow Since October, Says BofA: Chinese stock funds saw the largest weekly outflow since October, as the government seeks to ...
bloomberg.com/news/articles/2024-03-01/china-stocks-see-largest-weekly-outflow-since-october-says-bofa
Gold Climbs to Record Highs: Today, gold reached a record $2,290 per ounce, driven by global uncertainties, anticipated U.S. rate cuts ...
riotimesonline.com/gold-climbs-to-record-highs/
Micron: Groundbreaking for the AI party: Micron builds new factory in China and benefits from new BoA analysis.
deraktionaer.de/artikel/medien-ittk-technologie/micron-spatenstich-fuer-die-ki-party-20354184.html
Interview: Copper at eleven-month high - two trends increase the price: Copper demand could grow twice as fast as before due to investments in green technologies ...
handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/interview-kupfer-auf-elf-monats-hoch-zwei-trends-verteuern-den-preis/100025592.html
BofA Says State Funds Drive Biggest-Ever China Stock Inflows: Funds tracking the topsy-turvy Chinese stock market just recorded their biggest-ever weekly inflows ...
bloomberg.com/news/articles/2024-02-09/bofa-says-state-funds-drive-biggest-ever-china-stock-inflows
BofA Says China Leads Historic Flows Into Emerging-Market Stocks: Money flooded into beaten-down Chinese shares over the past week as authorities in Beijing ...
bloomberg.com/news/articles/2024-01-26/bofa-says-china-leads-historic-flows-into-emerging-market-stocks
Paid articlePaid
BofA’s Hartnett Says Stock Rally Close to Triggering Sell Signal: A speedy rally that sent US stocks on a record-setting spree is now close to triggering several ...
bloomberg.com/news/articles/2024-02-09/bofa-s-hartnett-says-stock-rally-about-to-trigger-sell-signals
Paid articlePaid Bank of America Cuts More Than 20 Dealmaker Jobs in Hong Kong: Bank of America Corp. cut more than 20 investment-banking jobs in Hong Kong Tuesday as dealmaking ...
trib.al/GPDzmsI
US, China, European economies drifting apart in global decoupling: BofA: The world's biggest economies are moving in different directions, and global markets are ...
businessinsider.com/us-vs-china-economy-europe-global-decoupling-wall-street-markets-2024-2
China equity funds draw largest weekly inflows since 2015 -BofA: Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the ...
reuters.com/markets/asia/global-markets-flows-bofa-update-1-2024-01-26/
Bank of America sees increasing “decoupling” between USA, China and Europe: The world's largest economies are currently developing extremely differently ...
finanzen.net/nachricht/aktien/zinssenkungen-erwartet-bank-of-america-sieht-eine-zunehmende-34-entkopplung-34-von-usa-china-und-europa-13262708
#ChartBeat | Global growth optimism has reached the highest level since February 2022 as fund managers anticipate the global economy will avoid recession ... Show more
UBS weighs cutting about 90 jobs at Asia wealth, banking teams: The jobs may include about 25 relationship managers and supporting roles, mostly in China and ...
straitstimes.com/business/banking/ubs-weighs-cutting-about-90-jobs-at-asia-wealth-banking-teams
CHESTER: Chinese Lunar New Year of the Dragon celebrations: CHESTER will come together to celebrate the Chinese Lunar New Year of the Dragon next month.
chesterstandard.co.uk/news/24081899.chester-chinese-lunar-new-year-dragon-celebrations/
Quick Glance: Year of the Dragon: Prosperity through Kindness
- The Year of the Dragon brings prosperity if kindness is embraced.
- Lunar New Year starts on Feb. 10, with over two weeks of celebrations, traditions, and feasting.
- It marks the beginning of spring and the new year in the Chinese lunisolar calendar.
- This year's dragon is specifically a wood dragon.
Bank of America Cuts More Than 20 Dealmaker Jobs in Hong Kong: Bank of America Corp. cut more than 20 investment-banking jobs in Hong Kong Tuesday as dealmaking ...
trib.al/GPDzmsI
Oil, aluminum & Co: Will the big comeback of raw materials soon come?: Commodities could make a comeback in 2024, particularly "battery metals" such as copper ...
boerse-online.de/nachrichten/rohstoffe/oel-aluminium-co-kommt-bald-das-grosse-comeback-der-rohstoffe-20347304.html
Shein and Temu's use of tax loophole attracts scrutiny: Shein and Temu have both made use of a tax loophole called de minimis. While the rule has its detractors ...
businessinsider.com/shein-temu-de-minimis-tax-loophole-scrutiny-2024-1
CNBC Daily Open: Big Bank earnings signal downbeat quarter: Fourth quarter earnings have officially begun with four of Wall Street's top six banks having ...
cnbc.com/2024/01/15/stock-markets-earnings-dont-start-until-the-big-banks-report.html
Bank of America (BAC) Banker Warns China Property Slump to Last Years, Hit Deals: China’s property downturn is set to last for years, and a drought of deals in ...
bloomberg.com/news/articles/2023-12-11/bank-of-america-banker-warns-china-property-slump-to-last-years-hit-deals
China 'remains unloved' among Asia's fund managers — here's where they're looking instead, BofA says
cnbc.com/2023/12/28/bofa-china-remains-unloved-among-asias-fund-managers.html
Paid articlePaid
European luxury sector's outlook for 2024: Time to hold or fold? : European luxury sector stocks had a negative start to the new year. Bank of America ...
euronews.com/business/2024/01/14/european-luxury-sectors-outlook-for-2024-time-to-hold-or-fold
“If the American government makes me leave China, I’m leaving China,” JPMorgan Chase CEO Jamie Dimon said Wednesday.
Read the full story here: cnb.cx/49W9dl8
Quick Glance: JPMorgan CEO: Support Nikki Haley in 2024 Election
- Dimon backs Republican presidential candidate Nikki Haley, urging support from Democrats and emphasizing 'very liberal Democrats'.
- He mentioned having conversations with Haley but stopped short of fully endorsing her.
- Others, like Ken Langone, also plan to support Haley as the only person who can challenge Trump in the elections.
- Dimon's call for bipartisan support for Haley comes amid her rising popularity in the GOP primary field.
Attack on Tesla - Nio with its own chip: Nio shares rose 11% after unveiling its flagship BEV Sedan ET9 and its own chip. Nio plans to compete directly with BMW ...
deraktionaer.de/artikel/aktien/attacke-auf-tesla-nio-mit-eigenem-chip-20346467.html
China's Reopening: How The Biggest Investment Theme Of The Year Flopped - Forbes India
forbesindia.com/article/take-one-big-story-of-the-day/chinas-reopening-how-the-biggest-investment-theme-of-the-year-flopped/90373/1
Exclusive: China's sovereign fund appoints new North America chief -sources: China Investment Corp (CIC) has hired a new North America head for its New York ...
reuters.com/business/finance/chinas-sovereign-fund-appoints-new-north-america-chief-sources-2023-11-10/
Young people are cutting back on these habits, says survey: Gen Z is getting a dose of financial reality.
charlotteobserver.com/news/business/article280512764.html
Bloomberg Evening Briefing: Big Banks Set to Write Off a Lot of Bad Loans: Get caught up.
bloomberg.com/news/newsletters/2023-10-11/bloomberg-evening-briefing-big-banks-set-to-write-off-a-lot-of-bad-loans
Immigration overshadows Biden visit with Latin American leaders : Foreign officials are questioning Joe Biden’s commitment to the region as his signature ...
politico.com/news/2023/11/03/immigration-overshadows-biden-visit-with-latin-american-leaders-00125136
What Asia’s economic revolution means for the world: Links between the region’s countries are getting stronger. But America’s loss is not entirely China’s gain
economist.com/leaders/2023/09/21/what-asias-economic-revolution-means-for-the-world
Quick Glance: Asia's Economic Revolution and its Global Significance
- The connections between the countries in the region are becoming increasingly stronger.
- The region's economic model is undergoing another shift, impacting Asia and the world.
- Asian countries are emerging as larger and more direct lenders.
- Asian integration is expected to deepen further.
iPhone 15 sales look like they're starting off slow in China ahead of a critical holiday season
cnbc.com/2023/10/18/apple-iphone-15-sales-look-like-theyre-starting-off-slow-in-china.html
Hong Kong bankers play an anxious waiting game: Global banks in Hong Kong are feeding on scraps. Fewer initial public offerings in the city mean institutions ...
reuters.com/breakingviews/hong-kong-bankers-play-an-anxious-waiting-game-2023-09-26/
Quick Glance: Verdict: Ronson Chan of HKJA found guilty of obstruction
- Ronson Chan found guilty of obstruction
- Defence cast doubt on police officer's testimony
- CCTV footage reveals 15-second conversation
- Re-elected as HKJA head upon return to Hong Kong
Bank of America Says China Consumers ‘Not Out of the Woods Yet': Chinese consumers remain downbeat about the world’s second-biggest economy ...
bloomberg.com/news/articles/2023-10-11/china-consumers-not-out-of-the-woods-yet-bank-of-america-says
Chinese property woes trigger ‘dramatic shift’ into US stocks: Investors flee emerging markets amid fears over China’s economy, according to Bank of America ...
ft.com/content/bb2763a2-b0d6-4370-83bb-792d077fdb7d
Paid articlePaid HSBC can still grow revenues even after rates peak - CFO: HSBC can still grow its global revenues even as central banks look to dial down interest rate rises in ...
reuters.com/business/finance/hsbc-can-still-grow-revenues-even-after-rates-peak-cfo-2023-09-19/
Bank of America CEO Brian Moynihan says the Federal Reserve “has won” against inflation, but pressures like the strength of the US consumer may keep interest ... Show more yhoo.it/48JKjVt
Quick Glance: Bank of America CEO: Fed prevails against inflation for now
- Bank of America Chairman and CEO Brian Moynihan speaks before Senate committee on banking
- The Federal Reserve has emerged victorious in the battle against inflation for now
- Interest rates are expected to remain high for a longer period
- Moynihan was en route to Washington following his remarks in New York
China's iPhone Ban Throws Wrench In Apple Profit Engine: 30M Units At Risk, Bank Of America Warns - Apple
benzinga.com/analyst-ratings/analyst-color/23/09/34326504/chinas-iphone-ban-throws-wrench-in-apple-profit-engine-30m-units-at-risk-bank-of-am
Why the World Is Worried About a Real Estate Crisis: Next China: Hello, this is Rebecca Choong Wilkins in Hong Kong.
bloomberg.com/news/newsletters/2023-09-15/why-the-world-is-worried-about-a-real-estate-crisis-next-china
Paid articlePaidQuick Glance: China Plans Development Zones in Fujian with Taiwan
- Southeastern province to be developed together with the island
- Financial market initiatives included in the plan
- China supports Fujian in exploring a new development direction with Taiwan
- Taiwan rejects China's sovereignty claims
BofA Survey Shows ‘Dramatic Shift’ Toward High-Flying US Stocks: Concern over China’s sputtering economy has created a “dramatic shift” in investors’ equity ...
bloomberg.com/news/articles/2023-09-12/bofa-survey-shows-dramatic-shift-toward-high-flying-us-stocks
Apple: New data on iPhone, MacBook & Co: A Bank of America study looks at the development of trade-in values for MacBooks, Apple Watch and iPhone.
deraktionaer.de/artikel/medien-ittk-technologie/apple-neue-daten-zu-iphone-macbook-co-20340130.html
Bank of America on Japan’s Hunger for Renewable Energy M&A: Hi, it’s Manuel Baigorri in Hong Kong. I spoke to two of Bank of America’s top dealmakers in Asia ...
bloomberg.com/news/newsletters/2023-08-29/bank-of-america-on-japan-s-hunger-for-renewable-energy-m-a
Apple bear says he's not shorting the stock just yet despite China concerns. Here's why
cnbc.com/2023/09/12/apple-bear-says-hes-not-shorting-the-stock-just-yet-despite-china-concerns-heres-why.html
Paid articlePaid Chinese economy: Growth expectations fall to 'lockdown lows': A Bank of America survey of fund managers found that a net 0% expect a stronger Chinese economy in ...
businessinsider.com/chinese-economy-growth-expectations-lockdown-lows-chart-of-the-day-2023-9
China's economy takes another blow as investors dump $12B in stocks: Investors' exposure to emerging markets stocks has dropped in a "dramatic shift ...
markets.businessinsider.com/news/stocks/china-economy-investors-stock-market-selloff-property-crisis-debt-deflation-2023-9
Uber and more: Bank of America names over 10 top stocks with ‘triple momentum’: Analysts at Bank of America screened for "triple momentum" stocks based on their ...
cnbc.com/2023/08/21/uber-and-more-bofa-names-stocks-with-triple-momentum-.html
Paid articlePaid Stock market outlook: 5 bearish risks and a bullish response to each one: "We debunk these risks and continue to find more attractive opportunities in stocks ...
markets.businessinsider.com/news/stocks/stock-market-outlook-5-bearish-risks-bullish-response-china-inflation-2023-9
US Bank opens new branch in Lake Norman area, and plans for Charlotte area expansion
charlotteobserver.com/news/business/article279506954.html
China: Foreign investors avoid Chinese stocks: Foreign investors are concerned about China's economy. They have already withdrawn stocks and bonds worth 176 ...
businessinsider.de/wirtschaft/international-business/auslaendische-investoren-meiden-chinesische-aktien-und-anleihen/
These 10 stocks have most exposure to China's 'stalling' economy: BofA: While the overall S&P 500's direct China revenue exposure is less than 5% ...
markets.businessinsider.com/news/stocks/china-economy-stocks-most-exposure-qualcomm-broadcom-nxp-wynn-lvs-2023-9
Quick Glance: No Solution for China's Economy
- An increasingly autocratic government is making poor decisions.
- After rejoining the world economy in 1978, China became the most remarkable growth story in history.
- A chronic lack of growth would be worse in China due to its population being poorer.
- China was the only major economy to respond to the global financial crisis of 2007-09 with sufficient stimulating force—some commentators even claimed that China had saved the world economy.
Morning Bid: Bonds calm down but Chinese markets smolder: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/global-markets-view-usa-2023-08-16/
The AIIB’s former communications chief on why he blew the whistle: China’s bid to create its own version of the World Bank is a sham, says Bob Pickard
economist.com/by-invitation/2023/08/17/the-aiibs-former-communications-chief-on-why-he-blew-the-whistle
Bank of America: Asian buybacks just hit a 20-year high — and these stocks are a buying opportunity
cnbc.com/2023/09/04/handley-230831-buyback-bofa-eu.html
Paid articlePaid China: Investors sold off stocks at a record high in August: China's economy is in crisis. A flight of investors began in August. The asset managers' forecasts ...
businessinsider.de/wirtschaft/international-business/china-anleger-stiessen-im-august-aktien-in-rekordhohe-ab/
What are ‘Big Short’ Michael Burry and Warren Buffett seeing that we aren’t?: The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more ...
cnn.com/2023/08/16/investing/premarket-stocks-trading/
'Avoid China' sentiment drives investors to U.S stocks: BofA survey: NEW YORK -- Investor optimism on China has dropped to "lockdown lows ...
asia.nikkei.com/Business/Markets/Avoid-China-sentiment-drives-investors-to-U.S-stocks-BofA-survey
Paid articlePaid Worries Over China Drive U.S. Investment Surge: Fears about China's economy are changing global investment trends. A Bank of America survey shows a move ...
riotimesonline.com/worries-over-china-drive-u-s-investment-surge/
Chinese Appliance Giant Midea Picks BofA, CICC for Hong Kong Listing: Chinese home appliance giant Midea Group Co. has selected Bank of America Corp ...
bloomberg.com/news/articles/2023-08-10/chinese-appliance-giant-midea-picks-bofa-cicc-for-hong-kong-listing
What China’s Long-Term Economic Weakness Means for the Developing World: Latin America – dependent on commodity exports and with few other options for finance – ...
thediplomat.com/2023/08/what-chinas-long-term-economic-weakness-means-for-the-developing-world/
Quick Glance: Why China's Economy Remains Unfixed
- An increasingly autocratic government is making poor decisions.
- After rejoining the world economy in 1978, China became the most remarkable growth story in history.
- A chronic lack of growth would be worse in China due to its lower average income.
- China used to tolerate debates about its economy, but now it coerces analysts into false optimism.
Bank of America says this Chinese EV stock can rally nearly 50% thanks to a partnership with Volkswagen
cnbc.com/2023/08/21/bank-of-america-says-this-chinese-ev-stock-can-rally-nearly-50percent.html
Paid articlePaid
As the U.S. and China move apart, two big banks are bucking the trend: JPMorgan Chase and Citigroup are funneling more investment into China ...
americanbanker.com/news/as-the-u-s-and-china-move-apart-two-big-banks-are-bucking-the-trend
Paid articlePaid
Dow Drops Nearly 300 Points As Fitch Warns Big Banks Could Be Downgraded: A survey released Tuesday revealed fund managers are their least pessimistic since ...
forbes.com/sites/dereksaul/2023/08/15/dow-drops-nearly-300-points-as-fitch-warns-big-banks-could-be-downgraded/
Lula tightens grip on Brazil politics as economy defies odds: Just six months ago, grim warnings about Brazil’s economy were looming over his pledge to restore ...
batimes.com.ar/news/latin-america/lula-tightens-grip-on-brazil-politics-as-economy-defies-odds.phtml
Quick Glance: Lula strengthens hold on Brazilian politics amid challenging economy
- Lula's approval rating is nearing 60 percent, while banks raise their 2023 GDP forecasts.
- Brazil's agriculture sector saw strong harvests and inflation cooled due to tight monetary policy.
- The Brazilian stock exchange, Ibovespa, rose 1.6 percent on better than expected GDP data.
- Mexico's central bank raised its GDP forecasts for this year and 2024 due to strong trade and private consumption.
Chinese EV maker Xpeng expects cost cuts, Volkswagen deal to narrow losses: Xpeng is attempting to revive its business this year, after its share price sank by ...
cnbc.com/2023/08/21/chinas-xpeng-expects-profit-growth-from-cost-cuts-volkswagen-deal.html
The AIIB’s former communications chief on why he blew the whistle: China’s bid to create its own version of the World Bank is a sham, says Bob Pickard
economist.com/by-invitation/2023/08/17/the-aiibs-former-communications-chief-on-why-he-blew-the-whistle
Quick Glance: Former AIIB Communications Chief Reveals Whistleblowing Motives
- Dubbed as China's alternative to the World Bank
- Press coverage of AIIB turned negative after its opening in 2016
- Concerns about Chinese government's control over the bank
- Investigation launched into allegations of CCP power within the bank
BofA cuts China's 2023 growth forecast to 5.1%: BofA Global Research on Thursday cut China's economic growth forecast for this year to 5 ...
reuters.com/markets/asia/bofa-cuts-chinas-2023-growth-forecast-51-2023-07-20/
6 shocking twists underline China's economic carnage: Bank of America: China is battling an economic slump as growth stagnates, stocks struggle ...
businessinsider.com/china-economy-world-recession-growth-inflation-bank-america-2023-8
Paid articlePaid Apple Analyst Expects Stock To Hit $210 On 2024 Earnings Projections, iPhone Delay - Apple (NASDAQ:AAPL)
benzinga.com/analyst-ratings/analyst-color/23/07/33286537/apple-analyst-expects-stock-to-hit-210-on-2024-earnings-projections-iphone-delay
Quick Glance: Apple Analyst Predicts $210 Stock Price Based on 2024 Earnings Projections and Delayed iPhone - Apple (NASDAQ:AAPL)
- Lower iPhone sales are expected due to weak demand and potential delay in the launch of iPhone 15A, according to BofA Securities.
- Wamsi Mohan, an Apple analyst, maintains a neutral rating and raises the price target from $190 to $210.
- Check out other analyst ratings for stocks.
- Apple is preparing for its fiscal Q3 earnings call, as mentioned by Mohan in the note.
CNBC Daily Open: A good economy doesn’t mean positive markets: The U.S. economy’s had an unbroken string of victories. Yet markets slumped Friday ...
cnbc.com/2023/08/07/stock-markets-a-good-economy-doesnt-mean-positive-markets.html
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