Bank of America appoints Mike Joo as investment operating chief, Reuters says

Lucas Jackson/Reuters Stocks are in "the best risk-reward" scenario of the past two years as coronavirus risks drive prices to multiyear lows, Mike Wilson, chief investment officer at Morgan Stanley, told CNBC Thursday.  The bank has been buy.....»»

Reuters Business Insider is mapping out the power structure in the global banking and markets businesses overseen by Bank of America Merrill Lynch Chief Operating Officer Tom Montag — one of the most powerful exe.....»»

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven't been listening. But he continues to say "sell the vaccine," as he warns about bubble conditions not just in stock but other asset markets......»»

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven't been listening. But he continues to say "sell the vaccine," as he warns about bubble conditions not just in stock but other asset markets......»»

REUTERS/Mike Segar Hedge funds posted .....»»

Mike Blake/Reuters Tesla announced Thursday that it is appointing Hiro Mizuno to its board of directors.  Mizuno was most rec.....»»

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, as Chief Executive Noel Quinn presses on with changes despite having put a wider job cut programme on hold last month......»»

HSBC has reshuffled the leadership of its investment banking division, according to a memo seen by Reuters on Monday, as Chief Executive Noel Quinn presses ahead with changes at the top despite having last month paused a wider job cut programme......»»

Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to bolster its Paris franchise and win more business from large French clients, a memo seen by Reuters said......»»

Bank of America has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to build out its French franchise and win more business from large French clients, a memo seen by Reuters said......»»

Panthers chief operating officer Mark Hart spent his Saturday night at the ACC Championship doing what he does a lot these .....»»

HSBC Holdings has hired U.S. investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group......»»

Japan's SoftBank will invest in Mexican used car platform Kavak, the group's chief operating officer Marcelo Claure said on Monday, adding to SoftBank's growing portfolio in Latin America......»»

REUTERS/Mike Blake Bank of America published an updated list of thematic stock picks. One of the themes is companies with high exposure to baby boomers.  The report breaks down companies by their exposure to young consumers through s.....»»

With arguably the most important two weeks of the year looming, on Friday Bank of America's Chief Investment Officer, Michael Harnett, laid out a 2-by-2 matrix summarizing the four possible scenarios that could result from the Fed's announcement next w.....»»

Japan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade......»»

FRANKFURT (Reuters) - Deutsche Bank's new chief executive Christian Sewing took firm action on its long-troubled investment bank on Thursday, cutting back bond and equities trading after a dramatic drop in quarterly profit......»»

FRANKFURT (Reuters) - Deutsche Bank's new chief executive faces the same strategic problem that has long preoccupied its top management - whether or not to override the rainmakers and big earners at its powerful investment bank to shrink that business......»»

Three days ago, Bank of America's Chief Investment Officer, Michael Hartnett, published not one but 15 answers to the one question most investors are asking: "how late in the business cycle are we?" As Hartnett summariz.....»»

NEW YORK (Reuters) - Bank of America Corp Chief Executive Brian Moynihan said second-quarter markets revenue from sales and trading will likely be flat compared with a year earlier, depending on what happens in June......»»