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Bank of America announced 93 new managing directors in Global Markets on Thursday. The division in 2022 saw sales and trading revenues climb to its highest mark since 2010.Insider has all the names of the newly promoted MDs. On Thursday the bank announced a new class of 360 managing directors, including 93 from the firm's Global Markets division — up from 86 last year. The bank's Global Corporate and Investment Bank promoted 87 new MDs. BofA made $16.5 billion in 2022 from sales and trading — including a fourth-quarter record of $3.7 billion — the highest tally for the firm since 2010.
SummarySummary Companies Key House, Senate races still too close to callRepublican-controlled Congress would stymie Biden agendaPHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Control of Congress was up for grabs after Tuesday's U.S. midterm elections with many of the most competitive races uncalled, leaving it unclear whether Republicans would seize control from President Joe Biden's Democrats. In the House of Representatives, Republicans had been favored to win a majority that would allow them to halt Biden's legislative agenda. By early Wednesday, the party had flipped four Democratic House seats, Edison Research projected, one short of the number they need to take over the chamber. The Georgia Senate race could end up in a Dec. 6 runoff, possibly with Senate control at stake. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties.
During a speech at a Republican Party dinner in Lima, Graham riled up a crowd of the party faithful. Rep. Jim Jordan of Ohio is set to chair the House Judiciary Committee if the GOP retakes the chamber. Graham speaks at a Republican dinner in Lima, Ohio as Jordan looks on. Attendees listen as Republican Senate candidate JD Vance speaks at the Republican dinner in Lima, Ohio. Republican Senate candidate JD Vance speaks at a Republican dinner in Lima, Ohio.
Rishi Sunak will soon become the new prime minister of the UK. It's a union that made Sunak the first frontline UK politician to enter The Sunday Times' annual wealth listing. Sunak and his wife, Akshata Murthy, celebrating the British Asian Trust at the British Museum on February 2022. But despite his attempts to portray a down-to-earth image, the British public has had numerous reminders that Sunak has a very different experience with money than most people. His supporters, including British chancellor Jeremy Hunt, argue that Sunak's experience in finance and at the treasury make him the right man for the job.
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