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Equity, bond overvaluation concerns on the riseInvestors worldwide see growing overvaluations in both bonds and equities and have signalled concern about a valuation bubble forming, a report said. The proportion of global investors saying equity markets are overvalued has reac More… |
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BoA oil analyst who predicted downturn now sees floorAs Iraqi militants advanced on Baghdad with M-16s and stolen tanks in June, most investors and traders in the jittery oil markets believed oil prices would spike even higher. But not so, Francisco Blanch, a Bank of America analyst who pre More… |
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BoA to quit international credit card businessBank of America (BoA) has agreed to sell its credit card business in Canada to TD Bank Group and will exit its credit card businesses in the UK and Ireland. “Our strategy is clear: We have been transforming the company to deliver the franc More… |
