Global nominal GDP is likely to contract by about $2.3 trillion in 2015 as a consequence of the US dollar strengthening, heralding far reaching implications across markets, principally for commodity prices, a report said.
Kuwait Energy, an independent oil and gas company with assets across the Middle East, has mandated Bank of America Merrill Lynch as sole bookrunner and lead manager for fixed income investor meetings from July 15.
A RegS-only US d
Bank of America (BoA) has announced that it has completed the merger of its Merrill Lynch & Co subsidiary into Bank of America Corp.
Bank of America previously stated that it was considering merging Merrill Lynch & Co dire
Global investors remain confident in the outlook for economic growth despite their sharp loss of faith in China, according to the Bank of America Merrill Lynch Fund Manager Survey for July.
A net 52 per cent of respondents now exp
Bahrain should achieve economic growth of 2.4 per cent this year and that should rise to 2.9 per cent next year, said investment bank Merrill Lynch in its outlook for 2013.
That is against a rise of global growth from 3.1 per cent to 3.
Bank of America Corp has agreed to pay $2.43 billion to settle claims it hid crucial information from shareholders when it bought investment bank Merrill Lynch & Co at the height of the financial crisis.
The settlement, among
Bahrain's economy is likely to grow from two per cent this year to 2.4 per cent next year on the back of government investment, said the chief investment officer of Merrill Lynch Wealth Management.
But across the GCC and in spite of st
A total of 25 leading Saudi companies attended a conference held by Middle East Investor Relations Society (ME-IR) and Merrill Lynch Saudi Arabia in Riyadh this week.
The conference focused on greater dialogue with Tadawul listed companies
Brent crude oil futures could spike up to as high as $175 per barrel briefly next year if the global oil market stays tight, Bank of America Merrill Lynch said on Wednesday.
The bank's research team said in a note that the North Sea benchm
Merrill Lynch Wealth Management on Wednesday launched its annual global investing programme for the next generation of Ultra High Net Worth clients (UHNW) from Europe, the Middle East and Africa region.
The five-day programme, which has ru