Bank of America: European economy to slow but avoid recession
A net 65% of European investors consider monetary policy to be too restrictive in the region
Bank of America
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European investors bullish on equities, less so on global economy – BOA
The majority of respondents to the latest Bank of America European Fund Manager Survey were ‘bullish’ on the prospects for equities over the coming year, despite short-term pessimism. According to the financial giant’s regular sentiment indicator, more than three-quarters (78%) of those surveyed saw an upside for European equities – the highest level in two…
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Bank of America sets out stall in Luxembourg
Bank of America has signalled its intentions for a push into the European funds market by setting up a new branch in Luxembourg. It was reported on Reuters earlier this week the group was hiring Benoit Nevouet to be the new branch’s manager, poaching him from BNP Paribas. Bank of America said in the Reuters…