An output freeze would tighten global oil balances by 0.5 million barrels per day (b/d) in the second half of 2016 and push prices above $50 in the near-term, said a new report from Bank of America Merrill Lynch (BofAML).
Bank of America Merrill Lynch, one of the world's largest financial institutions, has appointed Hakim Karoui and Wadih Boueiz as the co-heads of corporate and investment banking for the Mena region.
The banking giant caters to
Dissapointing economic data and faster-than-expected credit rating downgrade of the US government could lift gold prices to $2,000 an ounce, Bank of America Merrill Lynch said on Wednesday.
The downgrade will further fuel an environment of
Bank of America Merrill Lynch (BoAML) has appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa (Emea).
Meissner will report to Michael Rubinoff and Purna Saggurti, co-heads of global investment