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....Speaking after the bond issue was announced, the EU’s economy commissioner, Pierre Moscovici, described the public spending cuts imposed on Greece since it almost went bust as “too tough” but “necessary”, adding there was now “light at the end of austerity”. Reuters reported that Greece had employed six banks – BNP Paribas, Bank of America Merrill Lynch, Citigroup, Deutsche Bank, Goldman Sachs and HSBC – to act as joint lead managers for a five-year euro bond “subject to market conditions”. ... [Read full article on Guardian ]
Monday 24th of July 2017 02:18:12 PM
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Latest Finance News related to Merrill Lynch

Greece plans return to bond market as Athens sees end in sight to austerity image
....Speaking after the bond issue was announced, the EU’s economy commissioner, Pierre Moscovici, described the public spending cuts imposed on Greece since it almost went bust as “too tough” but “necessary”, adding there was now “light at the end of austerity”. Reuters reported that Greece had employed six banks – BNP Paribas, Bank of America Merrill Lynch, Citigroup, Deutsche Bank, Goldman Sachs and HSBC – to act as joint lead managers for a five-year euro bond “subject to market conditions”. ...
Mike Ashley 'paid ex-Sports Direct chief secret £1m-a-year bonus' image
Source : Guardian [Read Article] Tuesday 4th of July 2017 04:57:10 PM
....The allegations of secret payments were made by a former banker who is suing Ashley in the high court for allegedly reneging on a £15m payment said to have been agreed over a boozy session in a London pub. Jeff Blue, a former Merrill Lynch banker and former strategic development director at Sports Direct, said in his evidence that the side payments may explain why Forsey appeared happy to work at the company despite officially being one of the lowest-paid bosses of a publicly listed company in the UK. ...
Mike Ashley vomited into fireplace at pub meeting, court told image
Source : Guardian [Read Article] Monday 3rd of July 2017 02:24:59 PM
....Ashley has dismissed everything discussed in the pub as “banter”, denied that any such deal existed and refused to pay up. Blue, a former Merrill Lynch banker and strategic development director at Sports Direct, claimed that Ashley said: “If he [Blue] can get the stock to £8 per share why should I give a fuck how much I have to pay him? I will have made so much money it doesn’t matter. ...
Mike Ashley 'vomited into fireplace at pub meeting' image
Source : BBC [Read Article] Monday 3rd of July 2017 01:58:14 PM
....". Mr Blue said he first met Mr Ashley while working for Merrill Lynch in 2006. ...
Ireland says dozen City firms and banks to set up in Dublin over Brexit image
Source : Guardian [Read Article] Thursday 29th of June 2017 05:09:09 PM
....It already has 500 staff in Dublin but will double that in a 22-storey yet-to-be-built tower block on the south of the river Liffey. Bank of America Merrill Lynch, which already has a presence in Dublin, has also spoken of expanding in the city, while Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed. ...
What’s it like to lose £350m? A rogue trader confesses image
Source : Guardian [Read Article] Sunday 7th of May 2017 08:00:27 AM
. In 2009, shortly after the global markets had suffered their worst crisis for 90 years, Alexis Stenfors was working as a currency trader for Merrill Lynch in London. ...
Tory windfarm policy endangers cheap energy in UK, commission finds image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:19:44 AM
....”. Membership of the commission, founded in 2015 to examine how energy systems can be changed to avoid dangerous global warming, includes the fossil fuel giants Shell and BHP Billiton, plus Bank of America Merrill Lynch, the investment manager Blackrock and the green thinktank the European Climate Foundation. ...
FTSE 100 takes flight after airline shares rise image
Source : BBC [Read Article] Tuesday 11th of April 2017 07:39:41 AM
....Shares in Balfour Beatty climbed 5. 8% after Bank of America Merrill Lynch upgraded its rating on the company to "buy". ...
FTSE 100 slides as sterling strengthens image
Source : BBC [Read Article] Thursday 30th of March 2017 08:32:29 AM
....Morrisons shares rose 2. 15% after Bank of America Merrill Lynch upgraded its rating to "buy" from "underperform". ...
Green Investment Bank sell-off racks up at least £1m in fees image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:10:32 PM
....Now it has emerged in newly published documents that last September officials authorised £1m in consultancy fees for the sale. Although the Department of Business, Energy and Industrial Strategy (BEIS) has not confirmed who the money was paid to, the government’s financial adviser for the deal is Bank of America Merrill Lynch. ...
Chinese growth slips to slowest pace for 26 years image
Source : Guardian [Read Article] Friday 20th of January 2017 05:33:46 AM
....With China a key driving force behind already faltering global growth, its relations with the new US president will come into sharp focus. Economists at Bank of America Merrill Lynch wrote in a note to clients on Friday that it ranked “a serious escalation of US-China trade tensions” as the biggest risk to the global economy in 2017. ...
Can a $26m-a-year fund manager really rethink executive pay? image
Source : Guardian [Read Article] Tuesday 17th of January 2017 07:00:32 AM
.... BlackRock floated in New York four years later and, apart from taking a dive during the 2008 financial crisis, its share price has been on an upward trajectory ever since. A series of deals followed, notably including with Merrill Lynch over its fund management arm in 2006, and later the acquisition of Barclays’ fund management arm in the depths of the financial crisis. ...
Nearly 1,000 City staff  at four big US banks given €1m in pay deals in 2015 image
Source : Guardian [Read Article] Wednesday 28th of December 2016 05:34:51 PM
....Goldman Sachs, the highest profile Wall Street bank, disclosed that 11 of its key staff received at least €5m in 2015. The disclosures by Goldman, JP Morgan, Morgan Stanley and Bank of America Merrill Lynch show that 971 of their staff received €1m in 2015. ...
Deutsche Bank and Credit Suisse agree multibillion-dollar settlements with US image
....The penalties are part of an effort by outgoing president Barack Obama to hold banks accountable. These are the first major agreements to be reached with non-US banks – JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch and Citi have all been punished. ...
US justice department accuses Barclays over mortgage mis-selling image
Source : Guardian [Read Article] Thursday 22nd of December 2016 10:59:23 PM
.... The scheme involved 36 RMBS deals in which $31bn worth of loans were packaged up in securitisations. The DoJ more usually reaches settlements with major financial firms over its investigations and has done so in relation to RMBS with a number of US banks, including JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch and Citi. ...
Brexit migration rules could harm City's lead in financial services technology image
....As expected, the report explores the consequence of City firms losing “passporting” rights to sell their services to European customers, but also highlights the wider impact on employees and the City’s delicate web of interconnected specialisms. “It is not a Lego set in which little pieces can be built up and put somewhere else,” said Alex Wilmot-Sitwell of Merrill Lynch. ...
Italian banking crisis: UniCredit to raise €13bn image
Source : Guardian [Read Article] Tuesday 13th of December 2016 08:11:03 AM
....A group of investment banks have signed a pre-underwriting agreement to help UniCredit market the issue. These include Morgan Stanley, UBS, Bank of America Merrill Lynch, JP Morgan and Mediobanca. ...
FTSE 100 falls despite boost for oil shares image
Source : BBC [Read Article] Monday 12th of December 2016 09:03:48 AM
....Outside the energy sector, shares in Marks and Spencer rose 1. 4% after Bank of America-Merrill Lynch upgraded its rating on the retailer to "buy". ...
Could Matteo Renzi's exit lead to an Italian bank rescue? image
Source : Guardian [Read Article] Monday 5th of December 2016 08:27:52 PM
.... The testimony would be fascinating. Back in January 2013, Sports Direct and Merrill Lynch, the sportswear chain’s corporate broker, were said to have parted ways by mutual consent. ...
US bank quit Sports Direct role over share deal concerns, court filing claims image
....A top US investment bank resigned as a key adviser to Mike Ashley’s Sports Direct because of concerns that the retail company had manipulated its share price, according to claims made in a high court document. Bank of America Merrill Lynch had concerns about Sport Direct’s corporate governance and the “propriety” of share transactions in 2012 around its employee bonus scheme, according to allegations in legal filings by Jeff Blue, previously one of Ashley’s key allies. ...
Heathrow is top business rate payer in England and Wales image
Source : BBC [Read Article] Wednesday 12th of October 2016 11:01:28 PM
...."The new Rating List shows that the big infrastructure sites - such as airports, power stations and railway infrastructure - are still dominant as the properties with the highest rateable value in the country," said Mr Rigby. "The offices of Bank of America Merrill Lynch in the heart of the City of London have seen their rateable value rise by more than 70% to £17m, while retailers Harrods, John Lewis and Selfridges have all seen increases of more than 50%. ...
Under pressure image
Source : BBC [Read Article] Thursday 29th of September 2016 10:58:59 PM
....What's more, as the West German economy boomed in the lead-up to reunification, the likes of Siemens, Daimler and Volkswagen, some of Deutsche's biggest clients, were looking for access to capital markets on which to issue corporate bonds, rather than relying on more traditional banking services. In the following years, in an attempt to beef-up its international offering, Deutsche spent billions of dollars on poaching the best talent from American titans such as Merrill Lynch - including Anshu Jain, who went on to spearhead the bank's global expansion until his resignation last year amid serious accusations of wrongdoing in the lender's investment unit. ...
Yen jumps against dollar as Japan keeps rates on hold image
Source : BBC [Read Article] Friday 29th of July 2016 01:05:29 AM
.... Analysts say more measures could come from the Bank of Japan later in the year. "What's noteworthy is that the BoJ has promised to review the effects of its policy at its next meeting, keeping alive expectations of further easing," said Shunsuke Yamada from Bank of America Merrill Lynch. ...
US banks commit to London post Brexit image
Source : BBC [Read Article] Thursday 7th of July 2016 04:59:00 PM
.... . The banks signing the statement included JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as the UK's Standard Chartered, which makes most of its profit in Asia. ...
Big investment houses warn of inequality risk  after Brexit image
Source : Guardian [Read Article] Monday 27th of June 2016 11:01:12 PM
....” . There was a similar focus on inequality in post-referendum analysis from the investment bank Bank of America Merrill Lynch. ...
US stock market and Brexit: a toxic blend of uncertainty and complacency image
....What European traders described as panic selling was orderly but intensive selling pressure in the stock market in the US – and all because investors had become complacent that the Remain voters would prevail at the polls. Two-thirds of the fund managers surveyed by the Bank of America Merrill Lynch in early June said they viewed Brexit as being “unlikely” or “not at all likely”. ...
Purdah period set to silence officials on EU referendum from Friday image
.... “You may continue to engage with clients on the consequences of a potential UK exit from the EU,” Goldman staff were told, but any communications with the media needed to be vetted. It is a similar story across the City, although Bank of America Merrill Lynch was keen to distance itself from a report that suggested it had banned the use of the word Brexit. ...
EU 'will toughen plans to make firms disclose offshore tax bills' image
Source : Guardian [Read Article] Friday 8th of April 2016 10:03:02 PM
....The first glimpse of banks’ country-by-country profits revealed that seven of the world’s largest global institutions had paid a combined total of £21m in corporation tax in the UK in 2014. Five of the banks – JPMorgan, Bank of America Merrill Lynch, Deutsche Bank, Nomura and Morgan Stanley – reported that their main UK arms paid no corporation tax, according to a Reuters investigation. ...
Libor trial: ex-Barclays staff earned big bonuses, court hears image
Source : Guardian [Read Article] Wednesday 6th of April 2016 07:26:41 PM
.... Pabon was paid a $125,000 salary and a $200,000 bonus in 2005, while Contogoulas received a £60,000 salary and a £140,000 bonus. Both left Barclays in the summer of 2006, but Contogoulas continued to send requests to the Barclays submitters after he joined a rival bank, Merrill Lynch. ...
EasyJet slips after update but Shire climbs as deal concerns fade image
Source : Guardian [Read Article] Wednesday 6th of April 2016 09:26:29 AM
....We believe that Shire trades at an unwarranted discount to peers reflecting uncertainty around the scale of the Baxalta transaction, and general biotech derating, despite expected double digit 5 year earnings per share growth. Meanwhile Bank of America/Merrill Lynch analysts suggested Shire itself could be a target following the collapse of the Pfizer-Allergan deal. ...
Reckitt Benckiser paid chief executive more than £23m last year image
Source : Guardian [Read Article] Monday 4th of April 2016 12:37:05 PM
....Kapoor has also sought to show off his cost-cutting credentials by giving up business class flights on journeys of less than six hours. In 2012, Reckitt admitted it had failed to disclose that he pledged more than £6m of his shares in the company against a loan from Bank of America Merrill Lynch. ...
Financial stocks pull FTSE 100 higher image
Source : BBC [Read Article] Friday 11th of March 2016 10:22:48 AM
....78% lower. High Street retailer Marks and Spencer was the biggest faller on Friday with shares down 2% after Bank of America Merrill Lynch cut its rating to "underperform" from "neutral". ...
Artificial intelligence brings its brains and money to London image
Source : Guardian [Read Article] Saturday 5th of March 2016 04:05:23 PM
.... The app’s ability to predict users’ next word – based on analysis of their writing style – has proved a worldwide hit. Uses for AI in big business – and therefore the potential for investment – are significant: a recent report by Bank of America Merrill Lynch estimated that the AI industry will be $70bn by 2020. ...
Housebuilder Persimmon posts bumper results image
Source : Telegraph [Read Article] Tuesday 23rd of February 2016 08:19:06 AM
.... . Bank of America Merrill Lynch reiterated its 'buy' rating for Persimmon, adding that it "traded well in 2015 and into 2016 and despite strong land investment, it ended last year with a much better net cash position than at the start. ...
How 'negative interest rates' marked the end of central bank dominance image
Source : Telegraph [Read Article] Sunday 21st of February 2016 08:39:21 PM
.... “Go back a couple of years and they didn’t think they could go below zero at all,” he says. Negatives rates have “failed to curb currency strength, raise inflation expectations and boost equity markets”, according to calculations by Bank of America Merrill Lynch. ...
Barclays’ investment bank boss Tom King to retire image
Source : Telegraph [Read Article] Wednesday 17th of February 2016 03:57:09 PM
.... . Mr Moulds is also a former investment banker who previously worked at Bank of America Merrill Lynch. ...
Negative interest rates a 'dangerous experiment' for the world as monetary policy hits buffers image
.... . But such extreme measures are signs of "policy exhaustion" from monetary authorities, who are running out of tools to fight off low growth, said Chris Xiao at Bank of America Merrill Lynch. ...
Fears recede at Glencore as banks line up to join debt refinancing image
Source : Guardian [Read Article] Wednesday 17th of February 2016 12:21:15 PM
.... It added that it now has no need of debt refinancing until May 2018 at the earliest. Analysts at Bank of America Merrill Lynch said the cost of the loan, understood to be about 100 basis points above the US dollar Libor rate, was “a very positive surprise”. ...
There will be another crisis. It’s just a question of when image
Source : Telegraph [Read Article] Tuesday 16th of February 2016 09:05:20 PM
.... In 19th century Japan it was compensation payments made to Samurai who were disbanded in the wake of the Meiji Revolution. Since 2008 it has the been the 637 individual interest rate cuts perpetrated by global central banks and their combined purchase of more than $12 trillion in assets, according to Bank of America Merrill Lynch. ...
Metro Bank becomes latest victim of rocky markets as it slashes pre-float fundraising  image
.... . Mr Hill, who is being advised by RBC Capital Markets, Goldman Sachs and Bank of America Merrill Lynch, informed existing shareholders, including the Reuben Brothers and Steve Cohen, the founder of SAC Capital, of his plans to reduce the placing in a letter. ...
Mapped: Negative central bank interest rates now herald new danger for the world image
.... The current global recovery has been one of the most deflationary in modern times. Over the last six-and-a-half years, the nominal GDP of the advanced world - or the total cash value of their economies - has grown by just 11pc, according to Bank of America Merrill Lynch. ...
FTSE 100 closes higher after Asian markets soar as strong yuan eases fears of devaluation  image
.... • Major central banks tear up interest rate plans • How the market panic unfolded across the globe • FTSE 100 enjoys best day in almost six months • Asian markets soar on hopes of fresh stimulus • Week of panic that shook world markets . IAG became a high-flyer on the FTSE 100 yesterday, after Bank of America Merrill Lynch hiked its rating on the British Airways owner. ...
Like a game of Jenga, one wrong move could bring banks crashing down image
Source : Telegraph [Read Article] Thursday 11th of February 2016 07:55:50 PM
.... The Federal Reserve has a brilliant chart to illustrate what happened next in the US (see main image above). On the left it is 1995 and there are 37 banks; on the right, it’s 2009 and they had become four: Wells Fargo, Citigroup (a serial consolidator), Bank of America (which had just swallowed Merrill Lynch) and JP Morgan (which had recently become the proud owner of Bear Stearns). ...
Euro will slide if €500 notes are abolished, says Bank of America Merrill Lynch image
. Scrapping high-value €500 bills could knock the euro's value, according to Bank of America Merrill Lynch. ...
£80bn wiped off FTSE 100 this week as world markets gripped by panic - live image
Source : Telegraph [Read Article] Thursday 11th of February 2016 02:17:44 AM
.... . The last three months of 2015 were particularly difficult for UBS’s investment bank, led by ex-Merrill Lynch dealmaker Andrea Orcel. ...
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FTSE 100 overcomes jitters after Fed fails to come to the rescue  image
Source : Telegraph [Read Article] Wednesday 10th of February 2016 06:52:46 AM
Source : Telegraph [Read Article] Tuesday 9th of February 2016 06:41:55 PM
....Barclays. Mr Compton is replacing Jonathan Moulds, a former Bank of America Merrill Lynch executive who was hired just 13 months ago. ...
Norfolk-based jewellery firm raises £20m to launch in US market image
Source : Telegraph [Read Article] Monday 8th of February 2016 06:00:28 PM
.... Monica launched the firm in Wells-next-the-Sea, a seaside town on the North Norfolk coast, so that she could juggle childcare with running a start-up. Her sister joined the business as chief operating officer a year later, following stints at Merrill Lynch and Amazon, where she worked in a senior sales role across the UK. ...
Capital markets are on life support - what will it take to revive them? image
Source : Telegraph [Read Article] Saturday 6th of February 2016 03:00:09 PM
.... EasyJet, headed by Carolyn McCall, issued a bond but had to be very careful in timing the markets. “Bouts of high volatility are likely to be with us for some time to come, so windows of opportunity will be harder to predict and possibly shorter,” said Marc Templeton, co-head of EMEA corporate banking and debt capital markets at Bank of America Merrill Lynch. ...
ArcelorMittal slumps to $8bn loss as Chinese supply throttles steel prices image
Source : Telegraph [Read Article] Friday 5th of February 2016 08:19:36 AM
.... . Goldman Sachs International, BofA Merrill Lynch and Credit Agricole are joint global co-ordinators for the share sale and will underwrite the portion not taken up by the Mittal family, subject to conditions. ...
Financial stocks drag FTSE 100 sharply lower image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 08:28:29 AM
.... . Andrew Sinclair, of Bank of America Merrill Lynch, said: “Ongoing market volatility is unlikely to help Hargreaves Lansdown in 2016, with March/April the company’s most important months for sales due to ISA season. ...
FTSE falls as BP slides but Hikma lifted by cost saving hopes image
Source : Guardian [Read Article] Tuesday 2nd of February 2016 09:41:37 AM
....Hikma is 60p or nearly 3% higher at £20. 89 after a positive note on the pharmaceutical group from Bank of America/Merrill Lynch. ...
BT’s results in spotlight after EE deal completed image
Source : Daily Express [Read Article] Monday 1st of February 2016 12:01:00 AM
....The telecoms giant expects a pretax profit of £840million, up 3 per cent from £814million in the third quarter to the end of December 2014. Analysts at Bank of America Merrill Lynch said “BT Consumer will benefit from a full quarter of Champions League games”, adding that the business should gain customers as a result of the cyber attacks on rival TalkTalk in October. ...
Rush for the exits: why China's capital flight carnage will continue image
Source : Telegraph [Read Article] Tuesday 26th of January 2016 08:43:12 PM
.... . Claudio Piron, a Bank of America Merrill Lynch strategist, said that China’s current problems were the result of its struggles with the impossible trinity, or “trilemma”. ...
Debt headache for plans to privatise Green Investment Bank image
Source : Telegraph [Read Article] Saturday 23rd of January 2016 06:00:51 PM
.... . The Government and the GIB, working with advisers at Bank of America Merrill Lynch and UBS respectively, have ruled out an initial public offering (IPO) due to the bank’s relatively small size. ...
JPMorgan Chase wants employees to improve their work-life balance image
Source : Guardian [Read Article] Thursday 21st of January 2016 05:05:14 PM
.... Work-free weekends are “realistic to what this generation wants”, Carlos Hernandez, JPMorgan’s head of global banking, told the Wall Street Journal. Wall Street’s banks first began to review their weekend policies in 2013 after the death of a 21-year-old Bank of America Merrill Lynch intern, Moritz Erhardt. ...
St James's Place shrugs off stock market slump to bring in more savers image
Source : Telegraph [Read Article] Thursday 21st of January 2016 02:51:15 PM
.... It also brought in more than 100 new partners to take the total to 2,264. “These recruits should boost sales in 2016 and beyond, while recent years' recruits will also continue to become more productive,” said analysts at Bank of America Merrill Lynch. ...
Big chill savages global markets as Dow Jones sheds 400 points and FTSE 100 crashes into bear market - as it happened image
What next for the FTSE after it enters 'bear market' territory? image
Source : Telegraph [Read Article] Wednesday 20th of January 2016 04:12:36 PM
.... . A fund manager survey from Bank of America Merrill Lynch reveals that investors are not yet as pessimistic as they could be. ...
Big chill savages global markets as Dow Jones sheds 400 points and FTSE 100 crashes into bear market image
Fourth industrial revolution set to benefit richest, UBS report says image
Source : Guardian [Read Article] Tuesday 19th of January 2016 03:45:06 PM
....“These individuals are likely to be best placed from a skills perspective to harness extreme automation and connectivity; they typically already have high savings rates and will benefit from holding more of the assets whose value will be boosted by the fourth industrial revolution,” the report says. Last year, a report by Bank of America Merrill Lynch also pointed to the potential for a rise in inequality as a result of increased automation. ...
Office workers, construction workers and journalists facing 'redundancy' in next few years image
.... A separate study published by Boston Consulting Group last year predicted that by 2025 up to a quarter of current jobs would not be performed by humans any more. Three months ago, Bank of America Merrill Lynch warned that 45pc of all manufacturing tasks would be automated within a decade, up from 10pc today. ...
Source : Reuters [Read Article] Friday 15th of January 2016 11:22:47 AM
.... Investors' exodus from equity funds continued in the second week of January, wiping $5. 7 trillion off global stocks in the first nine trading days of 2016, Bank of America Merrill Lynch (BAML) said on Friday. ...
Crude reckoning: what will oil price slump mean for the global economy? image
Source : Telegraph [Read Article] Monday 11th of January 2016 07:04:53 PM
.... . Bank of America Merrill Lynch economists said the oil price slump meant that “the era of [Saudi’s] material overspending is likely firmly behind us”. ...
FTSE 'volatile' after China falls image
Source : BBC [Read Article] Monday 11th of January 2016 08:57:46 AM
Burberry attracts the attention of short-sellers image
Source : Guardian [Read Article] Sunday 10th of January 2016 04:24:52 PM
.... This means that Burberry is the fifth most shorted company in the FTSE 100 according to figures from Markit. Burberry will reveal its sales figures for the last three months on Thursday, with analysts at the company’s house broker Bank of America Merrill Lynch (BAML) warning they are likely to be disappointing. ...
Saudis told to prop up currency amid global devaluation war fears  image
Source : Telegraph [Read Article] Saturday 9th of January 2016 08:00:32 PM
.... . Central bank reserves have dropped from a peak of $735bn to around $635bn this year - a pace of spending which will exhaust the kingdom’s fiscal buffers within five years, Bank of America Merrill Lynch calculate. ...
Sports Direct founder allegedly being sued over £15m banker offer image
Source : Guardian [Read Article] Saturday 9th of January 2016 04:05:21 PM
....Mike Ashley, the founder of Sports Direct, promised to pay an investment banker £15m if he could double the clothing chain’s share price in three years, according to reports. The billionaire is allegedly being sued over the offer to Jeff Blue, a former Merrill Lynch banker, made during drinks at a London pub in 2013, according to The Times, which claims to have seen court documents. ...
FTSE recovers in cautious trading with Tesco leading the way image
Source : Guardian [Read Article] Friday 8th of January 2016 09:43:53 AM
....3p to 289. 1p as Bank of America Merrill Lynch moved from underperform to buy, saying the engineering group was probably through the worst of a decline in aerospace business and should gain ground from increased production by Airbus and Boeing. ...
All in it together? Outrage sparked as London's biggest city banks paid NO TAX in 2014 image
.... But collectively, the banks paid just £140million in corporate income tax. Citigroup, Credit Suisse, JP Morgan, Morgan Stanley, Bank of America Merrill Lynch, Deutsche Bank and Nomura Holdings Inc were all found to have avoided the tax. ...

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