BofA spins off part of buy-out arm - Financial Times

Aug 4, 2010 · Banc of America Capital Investors, which has invested $3bn in 140 middle-market companies since its creation in 1993, is the first buy-out business to be spun out from a bank …

CouponFollow Extension

$3
OFF

BofA Spins Off Part Of Buy-out Arm - Financial Times

2 weeks from now

Aug 4, 2010 · Banc of America Capital Investors, which has invested $3bn in 140 middle-market companies since its creation in 1993, is the first buy-out business to be spun out from a bank …

ft.com

$5
OFF

BofA To Spin Off $5 Billion Private Equity Unit | Reuters

2 weeks from now

Apr 20, 2011 · Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company …

reuters.com

$5
OFF

Bank Of America To Spin Off Buyout Arm - The New York Times

2 weeks from now

Apr 20, 2011 · Bank of America Merrill Lynch has decided to spin off its $5 billion private equity arm, a representative for the bank confirmed on Wednesday. The decision to make the unit …

nytimes.com

7%
OFF

Bank Of America Turns Bullish On European Stocks, Sees Upside …

2 weeks from now

Nov 29, 2024 · For European markets, the analysts forecast a 7% downside for the Stoxx 600 to 470 by mid-year, but expect a recovery to 500 by year-end. Defensive stocks and quality …

investing.com

42%
OFF

Hedge-Fund Allocators Are Worried About Crowding, Bank Of …

2 weeks from now

Oct 15, 2024 · Bank of America said that fee hurdles were becoming more common — 42% of respondents reported some sort of hurdle for at least one of the funds in their portfolio — amid …

businessinsider.com

$1
OFF

BofA Spinout To Manage Legacy Assets, Raise New Funds

2 weeks from now

A group of Bank of America private equity professionals is spinning out to form an independent firm that will manage about $1.4 billion of the bank's legacy private equity assets, and also …

privateequityinternational.com

$32
OFF

Investors Keep Out Of European Stocks, Flock To U.S., Bank Of …

2 weeks from now

Mar 18, 2022 · Flows out of European equity funds amounted to 3.2 billion dollars while $32 billion went into U.S. equities, the largest amount in five weeks, the U.S. investment bank said.

reuters.com

$279
OFF

BofA’s December European Fund Manager Survey: US …

2 weeks from now

Dec 19, 2024 · Bank of America has released its latest Fund Manager Survey, where 119 panellists with $279bn assets under management responded to the regional survey carried on …

rankiapro.com

FAQs about BofA spins off part of buy-out arm - Financial Times Coupon?

Is Bank of America making a contrarian bet on European stocks?

(Bloomberg) -- Strategists at Bank of America Corp. are making a contrarian bet on European stocks as the continent’s main equity index heads for its worst year of underperformance relative to the US since 1976. ...

Will bank of America expand in European Fixed-Income trading?

Bank of America is doubling down on plans to expand in European fixed-income trading, with executives ploughing significant resources into doing more business with corporate clients and financial institutions in the region. ...

How has bank of America changed since mid-2020?

The bank has now increased the amount of assets in global markets by almost a third since mid-2020 to a record US$878bn, while the capital it deploys to the unit has also grown by more than a quarter. ...

How many employees does BofA have in Europe?

The bank now has 180 fixed-income sales and trading staff in Continental Europe compared with just 20 before the Brexit vote. BofA's European push has coincided with the most interesting investment backdrop in the region for years. ...

Can BofA make up ground against rivals in Europe?

Many of BofA's added resources have been aimed at Europe – a region where senior management believes the bank has punched below its weight in the past and can now make up ground against rivals. ...

Why did BofA grow in 2023?

That is part of a broader sales and trading push that fuelled a 24% rise in fixed-income revenues in the first half of 2023 from the previous year, making BofA the only one of the five large US banks to grow these activities during that period. ...