Bank of America Corp will recruit about 50 bankers for its investment team in Asia this year, as it pushes to bulk up its dealmaking business and shore up revenues from the unit globally, three people with direct knowledge of the matter said.
World stock markets looked to be getting back to full strength on Wednesday, as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.
Storm clouds are gathering over the U.S. dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered President Donald Trump.
A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets.
Airbus' shares rose to record highs on Wednesday, after its U.S. arch rival Boeing warned of new issues with the Boeing 737 MAX plane, while customers and suppliers slumped after the latest blow from the U.S. aerospace company.
Change is afoot at BP. Incoming Chief Executive Bernard Looney plans to expand the company's climate targets and is considering overhauling the structure of the oil and gas major in one of the biggest shake-ups in its 111-year history.
Aircraft lessor Air Lease Corp , which has ordered 150 of Boeing's grounded 737 MAX, remains confident in the jet's long-term value, Chief Financial Officer Greg Willis said on Wednesday after Boeing announced a new delay to its return.
| S&P » | 3,320.79 | -0.27% |
| Dow » | 29,196.04 | -0.52% |
| FTSE 100 » | 7,620.55 | +0.13% |
| Nikkei 225 » | 24,031.35 | +0.70% |
| US 10YR |
+1.778
|
+0.009 |
| DE 10YR |
-0.266
|
-0.016 |
| JP 10YR |
+0.001
|
+0.004 |
| USD / EUR » | 0.9022 | +0.02% |
| USD / GBP » | 0.7641 | -0.27% |
| USD / JPY » | 109.9400 | +0.07% |