Bank Of America Merrill Lynch

Bank of America Merrill Lynch and Credit Suisse have urged the Bank of England (BoE) to raise interest rates faster than expected to avoid soaring inflation rates. The call comes as the two banks brought forward their projections for the first interest rate rise since August 2018. While the lenders

The Royal Bank of Scotland (RBS) has recruited expert investment bankers from Bank of America Merrill Lynch to help prepare the stock market flotation of Williams and Glyn. The spin-off bank is expected to be sold for £1.5 billion next year.