PresentationWe're playing on home ground really. So a warm welcome to our own group CFO, Alastair Borthwick. Alastair, it's always a pleasure to have you with us.Antonio RealeBofA Securities, Research Division It's our 30-year anniversary so this conference in Europe has been going on for 30 years so that's a legacy. We are seeing a big increase in terms of participation from U.S. investors, 35% versus last year, and we've seen, of course, a big increase in global money coming into Europe. And so I think gi ...

据追风交易台消息，根据美国银行策略师Michael Hartnett发布的最新全球基金经理调查报告，基金经理的现金头寸连续第三个月维持在3.9%的低位， 而股票配置净增持比例达到七个月高点。 市场风险偏好也发生了明显转变。曾被视为头号风险的"贸易战引发全球衰退"担忧已大幅减弱，其关注度从8月的29%骤降至12%。取而代之的是，"第 二波通胀"成为基金经理们最担忧的尾部风险。对经济增长的看法出现了近一年来最强劲的好转，目前仅有净16%的投资者预计未来经济将走弱。 全球股市的涨势短期内或将延续。美国银行的一项最新调查显示，投资者情绪已达到自2025年2月以来的最乐观水平，其背后是全球经济增长预期的显 著回升和对大幅降息的押注。 Hartnett认为，由于对"衰退性贸易战"的担忧减弱，市场上的"牛市拥护者比比皆是"。同时，从仓位来看，尽管股票配置已升至七个月高位，但并未达 到"极端"拥挤的程度，暗示着资金仍有进一步流入的空间，从而支撑股市继续上行。AI带来的生产力提升预期也为企业盈利前景提供了支撑，调查中 约半数参与者表示，人工智能已在提升生产力。 这一转变伴随着对美联储宽松政策的强烈预期。调查显示，近半数（47% ...

智通财经APP获悉，美国银行策略师迈克尔·哈特尼特(Michael Hartnett)表示，随着市场对经济增长的预 期大幅提升，股市多头仍牢牢掌控局面，全球股市或进一步走高。 不过总体而言，在企业盈利表现强劲的支撑下，预测机构对年底前股市进一步上涨仍持乐观态度。美国 银行调查中约半数受访者表示，人工智能已在提升生产效率方面发挥作用。 本次调查于9月5日至11日开展，涵盖165位受访者(管理资产规模合计4,260亿美元)，其他关键发现如 下： - 现金持有率连续第三个月维持在3.9% - 净15%的投资者采取"低于正常水平"的风险策略，较8月的净19%有所改善 - 约39%的受访者希望企业增加资本支出，这一比例为去年12月以来最高;仅27%的受访者希望企业聚焦 资产负债表优化，为2022年2月以来最低 美国银行最新调查显示，全球基金经理中净28%的受访者对股票持超配态度，这一比例达到七个月以来 的最高水平。哈特尼特指出，市场对经济增长的看法出现近一年来最显著的改善——目前仅净16%的投 资者认为经济将走弱。 这位策略师在报告中写道，随着"衰退性贸易战"风险逐渐消退，市场"多头遍地";他进一步补充，当前 股票持仓 ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bank of America strategist Michael Hartnett has voiced concerns about a possible bubble in the AI stock market. This comes in light of valuation metrics reaching historic highs. Hartnett has pointed out the S&P 500’s price-to-book ratio, which is a valuation measure comparing the total market cap of the index’s constituents to their total assets minus liabilities. As of August, this ratio hit a record high ...

What do the world’s wealthiest clients need most? Well, a loan, of course. Merrill Lynch announced it was launching a new credit unit last week that will offer custom lending and loan management to high- and ultra-high net worth clients and their advisors. The firm’s lending platform has surpassed $10 billion in loan originations in under two years, and the private bank sees opportunity ahead with providing credit to the uber wealthy. “It also allows them to further diversify their wealth and take advant ...

Global equities are likely to rally even higher as a jump in economic growth expectations is keeping stock bulls firmly in control, according to Bank of America Corp.’s Michael Hartnett. The bank’s latest survey showed a net 28% of global fund managers are overweight equities, the highest in seven months. Opinions about growth showed the sharpest improvement in almost a year, Hartnett said, with only a net 16% of investors now expecting the economy to weaken. Most Read from Bloomberg There are “bulls g ...

The stock market is flashing a handful of signs that the latest rally may be about to reverse course, one of Bank of America's top technical strategists said. Paul Ciana, the global chief technical strategist at BofA, said in a client note on Monday that the market looks like it is facing a handful of "key risks" from a technical perspective. Those factors could challenge the recent rally that's pushed the market to all-time highs. "After reaching our 6,500 summer target, the SPX rose to another new high. ...

Bank of America chief executive Brian Moynihan named a new leadership team in what looks like the start of a horserace to find his successor — but the bank boss also signaled he’d like to keep his job until 2030.In a Monday announcement, the 65-year-old Moynihan said that he had appointed Dean Athanasia, head of regional banking, and Jim DeMare, head of global markets, as group co-presidents.Chief financial officer Alastair Borthwick has also been promoted to the role of executive vice-president, a statemen ...

Bank of America (BAC) has elevated three of CEO Brian Moynihan’s lieutenants, clarifying who at the company has the best shot at running the nation’s second-largest lender once Moynihan steps down. The moves came late Friday, when the Charlotte, N.C.-based bank named Dean Athanasia and Jim DeMare as co-presidents and promoted chief financial officer Alastair Borthwick to senior vice president. Athanasia leads the company's retail and commercial banking units and DeMare is in charge of its global markets ...

Key Takeaways Bank of America appointed Athanasia and DeMare as co-presidents, with Borthwick as EVP and CFO.The reshuffle aims to strengthen execution, coordination and accountability across eight business lines.Shares of Bank of America are up 13.9% in three months, with earnings growth projected for 2025 and 2026.Bank of America (BAC) recently announced major leadership changes. Dean Athanasia and Jim DeMare have been named as co-presidents, while Alastair Borthwick will serve as executive vice president ...