Not only does central bank policy remain supportive for equities but a lot of investor cash is also still sitting in money market accounts. This could yet end up in equities given the poor outlook for bonds.
Bank of America today announced that its wealth management businesses, including Merrill Lynch Wealth Management and Bank of America Private Bank, have been recognized by three industry organizations for digital innovation and leadership.
Fraser shared her policy regarding cryptocurrency before the U.S. Senate Banking Committee last month. She shared how her company was taking a ‘measured approach’ to cryptocurrency as the bank sought “to understand changes in the digital asset space and the use of distributed ledger technology, including demand and interest by our clients, regulatory developments and technology advancements.”
New research from Globacap, the end-to-end capital management ecosystem, has revealed that UK firms have raised approximately £615 billion privately during the pandemic despite the economic conditions.
Many firms have chosen to raise money privately rather than seeking IPOs and on a particularly positive note, a quarter raised more private investment than expected during Covid.
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