Merrill Lynch

Post-bailout Greece readies for return to bond market

Greece has announced plans to issue a five-year bond, in what be the country's first market test since the end of its international bailout last August.

The country's Public Debt Management Agency on Monday named BofA Merrill Lynch, Goldman Sachs International Bank, HSBC, JP Morgan, Morgan Stanley, and SG CIB as joint lead managers for the issue.

Bofa Merrill Lynch: The Greek government’s social package can lead to more problems

Right after Moody’s warning about the Greek economy, Bofa Merrill Lynch came forward with a statement that criticizes the Greek government. According to the statement, the bonus to the pensioners that the Greek government announced was a unilateral decision that not only violated the agreement, but was also based on an overoptimistic calculation of the expected surplus.

European bond buyers find negative doesn't necessarily mean bad

By Lukanyo Mnyanda

Giving away your money doesn?t mean losing it these days.

Investors who held shorter-dated European debt have managed to eke out a positive return in 2015, according to Bank of America Merrill Lynch indexes. That was even as price increases pushed yields in Germany and Austria below zero.

Analysts optimistic about stress test results

By Yiannis Papadoyiannis

The clock is ticking ahead of the release of the European banks’ stress test results, and executives at local lenders are displaying reserved optimism regarding the outcome of the exercise.

Domestic bank officials say that the high readings of their capital adequacy ratios create a safety cushion that could absorb the impact of the adverse scenario.