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Bank of America names new investment bank operating chief: memoMike Joo, Bank of America Corp's head of global rates and currencies origin... Co-heads seldom work so pick a leader of global investment banking. Jack MacDonald or Thomas Sheehan.
Source: Reuters - 🏆 2. / 97 Read more »
Bank of America CEO: US consumer 'very strong' even as world economy sees 'synchronized slowdown'People are 'spending a lot on experiences' such as dinners and travel even as signs emerge of a weakening global economy, BofA's Brian Moynihan says. ........
Source: CNBC - 🏆 12. / 72 Read more »
Bank of America, Blackstone chiefs talk the future of financial marketsBank of America CEO Brian Moynihan and Blackstone CEO Stephen Schwarzman speak with CNBC's Andrew Ross Sorkin about what's next for markets.
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche Bank shares slip on reports of Fed investigation over Danske Bank scandalShares in Deutsche Bank fell more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender's role in a money laundering scheme.
Source: CNBC - 🏆 12. / 72 Read more »
China should boost banks' active support for economy: central bank officialEncouraging China's banks to actively increase support for the real economy... china should release all those muslims
Source: Reuters - 🏆 2. / 97 Read more »
China could completely cut off investment into Silicon Valley amid Huawei bust-upChina could completely cut its capital outflows into Silicon Valley, according to the former deputy governor of the People's Bank of China. Let's hope not. Everyone is forgetting the most CRITICAL facet of China that makes it a very bad investment, long term: China is a communist country. Period. There is NO FREE MARKET in China. There never has been. Silicon Valley will not even notice it. From where else will they 'misappropriate' IP?
Source: CNBC - 🏆 12. / 72 Read more »