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EU bankers earning more than $1.1 million hit record

  Bloomberg The number of bankers and traders in the European Union (EU) earning more than €1 million ($1.1 million) rose to a record in 2021 as securities firms took in bumper revenue and investment banks relocated staff to the bloc after Brexit. The number of such “high earners” surged 42% from the previous year to 1,957, the European Banking ...

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Goldman, BofA say European stocks rally in 2023 is mostly done

  Bloomberg This year’s extension of the powerful European equities rally leaves limited room for more gains, according to strategists. After making its best ever start to a year, the Stoxx 600 Index will end 2023 at 452 points, according an average response in the Bloomberg survey of 19 market forecasters, implying a 1.2% drop. That’s even after several investment ...

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US futures rise as Alphabet to Netflix boost tech companies

  Bloomberg US equity-index futures rose driven by brightening prospects for technology companies, while the dollar advanced amid concern over hawkish central banks, worsening economic data and earnings hiccups. Contracts on the Nasdaq 100 jumped 0.7%, climbing twice as fast as futures on the S&P 500 Index. In premarket New York trading, Google parent Alphabet Inc. rose after revealing a ...

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