Bank of America Corp. hired Jim O’Neil, the executive responsible for managing the government’s stakes in U.K. banks, to advise its clients in the financial services industry.
U.K. Financial Investment Ltd., which oversees the government’s stakes in bailed-out lenders, hired Jim O’Neil from Bank of America Corp. to become head of markets investments.
Investors should get used to U.S. Treasury yields rising toward 4 percent as the 30-year bull market in bonds comes to an end, according to Jim O’Neill, former chairman of Goldman Sachs Asset Management.
Goldman Sachs Group Inc. economist Jim O’Neill, who bound Brazil to Russia, India and China to form the BRIC investing strategy, will retire this year.
Sept. 5 (Bloomberg) -- Goldman Sachs's Jim O'Neill talks about the ECB's plan to pledge unlimited sterilized bond buying. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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