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  • Bank of America Corp. (NYSE:BAC) Wealth and Investment Management Clients to Gain Access to Global Political Risk Analysis From Eurasia Group

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    Friday Feb 18, 2011 at 10:08 am EST
     
    Bank of America Corp. (NYSE:BAC) Wealth and Investment Management Clients to Gain Access to Global Political Risk Analysis From Eurasia Group
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    Bank of America Corp. (NYSE:BAC) announced yesterday a multi-year strategic agreement with Ian Bremmer's Eurasia Group Ltd., the world's leading global political consulting firm, to provide industry-leading political risk analysis to the bank's Global Wealth and Investment Management clients. As part of the agreement, Bank of America Corp. (NYSE:BAC) will jointly look to develop investment solutions using Eurasia Group analyses.

    "Through this agreement, we are providing our wealth management advisors and their clients with a competitive advantage in evaluating how political risk affects the markets and their investing strategy," said Kunal Kamlani, head of Global Investment Solutions for Bank of America Corp. "Ian Bremmer and his team of experts at Eurasia Group will enhance our traditional investment guidance by providing insightful political risk analysis and intelligence for our wealth management advisors and clients."


    Shares of Bank of America Corp. (NYSE:BAC) closed at $14.81 on Thursday just below the resistance level of $15.07. Major support points for Bank of America Corp. (NYSE:BAC) below current price are at $14.37, $13.83, $13.27, $12.5, $11.95 and at $11.6. Resistance levels above current price are at $15.07 and $15.57.


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