3 minutes
Barclays has hired one of Bank of America's most senior bankers as part of a shake-up of its investment bank team to compete with larger Wall Street rivals. The UK lender has hired Mike Joo to serve as co-chief executive at its investment bank, while Adeel Khan will be promoted to co-chief executive
2 minutes
Nationwide Building Society is planning to resell its Core Capital Deferred shares with aggregate proceeds of up to £100m. Bank of America, Citi, Jefferies and UBS Investment Bank have been mandated as joint lead managers for the transaction. The resale represents around 778,000 shares based o
1 minute
The pound is poised for a strong performance, potentially becoming one of the year's best-performing major currencies, according to Bank of America. The bank predicts the pound will reach $1.35 by year-end and $1.41 by the close of 2025. This optimistic outlook is fuelled by expectations of "above t
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