BAML
ANALYSIS: With the election over Trump risk heads east
Winter is coming, but instead of flying south, the flock of black swans that has pecked away at 30 years of globalisation this year is heading east toward Europe.
Labuan targets US expat friendly business with FATCA support
Malaysia’s Labuan International Business and Financial Centre (IBFC) is looking to tap into the US expat market by helping businesses in the financial centre comply with the US’s Foreign Account Tax Compliance Act (Fatca).
Eurozone inflation fears hit high grade credit and gov’t bonds
Eurozone investment grade and government bonds continued to see outflows as inflation expectations rose, according to Bank of America Merrill Lynch research.
Morgan Stanley vows to keep commissions despite US reforms
Morgan Stanley, one of the largest wealth management firms in the US, has confirmed it will keep commission-based retirement accounts when the Department of Labour’s (DoL) fiduciary rule comes in to effect in April.
Investment | 20 Oct 16
Merrill Lynch ditches US expats in account closures
Merrill Lynch, one of the ‘big four’ investment banks in the US, will no longer work with US citizens living abroad following the closure of all expat accounts earlier this month, a UK-based IFA firm has confirmed.