Ms. Murphy leads the bank's huge capital markets business
AJ Murphy, the head of global capital markets at Bank of America Corp., is leaving the firm, the bank said in a memo.
«The much bigger threat to equity capital markets revenues is the enormous private pools of capital and lower value attached to market liquidity — fewer companies want to go public; fewer IPOs every year even in good markets,» the head
of global capital markets said.
As Giancarlo notes, we're in the middle of «an extraordinary period of governmental and central bank intervention in the U.S. economy that is widely distorting the nature and
functioning of global capital markets.»
(They are locked
out of global capital markets by international sanctions, inspired by Russia's fun - and - games with neighbor Ukraine earlier this year.)
Specifically, the All Asset strategies» recent strong performance (see Figure 1) may be attributable in large part to four fundamental
drivers of global capital market returns: the breakeven inflation rate (BEI), EM currency valuations, EM - to - U.S. cyclically adjusted price / earnings (CAPE) ratios and the global value premium.
According to Morningstar, international small / mid-cap stocks represent only 2 % of equity mutual fund assets (Chart 3) and 2 % of separate account equity assets (Chart 4), signifying investors are underweight a meaningful
portion of the global capital markets.
Proficient in Japanese, he regularly advises major Japanese and international companies and financial institutions on a broad
range of global capital markets transactions including SEC - registered and exempt offerings of debt, equity, equity - linked and hybrid securities.
«Our new practice, which builds on the strong
growth of our global capital markets business, can help clients move from concept to production in the shortest possible time, improving efficiency and unlocking new revenue streams.»
«Commercial real estate is
part of the global capital markets today, so investors have been feeling the effects of more conservative lending practices in the last year,» says Robert Bach, senior vice president and national director of market analysis for commercial brokerage giant Grubb & Ellis in Chicago.
«My basic view of Spotify's direct listing is that it doesn't tell us much,» the
head of global capital markets at a top - tier bank told Business Insider.
«A.J. Murphy, head of Global Capital Markets, has informed me of her decision to leave the company to pursue a new...
Bank of America's head
of global capital markets, AJ Murphy, is leaving the bank for Silver Lake, the private equity firm.
Vice chairman, deputy head
of global capital markets, global head of foreign exchange and precious and base metals
The bank's head
of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.