Bank of America promoted 387 new managing directors, an increase of 16% compared with last year. According to informed sources, Bank of America promoted 387 employees to managing directors, an increase of 16% compared with last year's total. People familiar with the matter said that more than half of those promoted to managing director were women or ethnic minorities.Fitch Ratings: US state and local governments are expected to return to normal in 2025.Trump's NASA candidate called his future SpaceX mission a "question mark". On Wednesday, Jared Isaacman, a billionaire in science and technology, who was selected by President-elect Trump, said that his planned private astronaut mission with Musk's SpaceX company "may be put on hold" because he was ready to enter the government to lead NASA.
Governor of the Swiss National Bank: If necessary, the negative interest rate policy will be used again. schlegel, governor of the Swiss National Bank, said that the Swiss National Bank does not like negative interest rates, but negative interest rates are indeed effective; Negative interest rate policy will be used again if necessary; The SNB can decide policies between quarterly meetings. The Swiss national bank is concerned about the situation of the franc as a whole, not just the euro.Turkish President Erdogan: We have reached a joint memorandum with Ethiopia and Somalia.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)
Peter Orsag, CEO of Lazard Financial Advisor, said that we should be encouraged by the key figures appointed by the president.Bitcoin rose 5.00% in the day and is now reported at $101,492/piece.Foreign media: Romania and Bulgaria have officially joined the Schengen area since 2025. According to Agence France-Presse, on the 12th local time, the European Commission approved that Bulgaria and Romania will officially become members of the Schengen area from January 1st, 2025. According to reports, Hungarian Interior Minister Pinter Shan Duoer said, "Welcome Bulgaria and Romania to join the Schengen area ... This is a historic moment." According to reports, Romania and Bulgaria became EU members in 2007. In March 2024, the two countries partially joined the Schengen area, and only the air and maritime border controls were cancelled. In November, the EU completed the final step of approving the two countries to join the Schengen area. (Zhongxin. com)
Strategy guide 12-14
Strategy guide
12-14
Strategy guide
12-14
Strategy guide
12-14