Keep pulling the thread on Bernard Mensah.
Bank of America's research division has revised down its economic growth estimates for the U.S. and globally due to the Iran war, with a smaller downward revision for China.
Bank of America's research division has revised up its inflation forecast for Europe by more than 140 basis points due to the Iran war.
Bank of America is committing $25 billion to the private credit market.
China could use its significant global market share in strategic metals and fertilizers as a geopolitical bargaining chip.
China is increasingly redirecting its exports to ASEAN countries as a strategic shift away from direct trade with the United States and the European Union.
The AI model from DeepSeek is being adapted to run on Huawei's Ascend chips.
DeepSeek plans to lower its AI model's token price after it is optimized to run on Huawei's Ascend chips.
China could experience a significant wave of AI-related capital expenditures, similar to the one in the U.S., which could become a new economic driver for the country.
Bank of America plans to keep its overall headcount approximately flat.
Bank of America's international headcount has grown from approximately 15,000-16,000 to 18,000 in recent years.
Bank of America employs approximately 30,000 people in India and plans to increase its headcount in the country.
Bank of America has revised up its long-term economic growth forecasts for 2027, anticipating a recovery driven by lower oil prices.