There will be a surge of M&A activity in the US this year as the economic recovery gathers pace, says PSigma's James Abate.
Neptune's head of US equities Felix Wintle has doubled the financials exposure in his £667m US Opportunities fund and is preparing to take his long-term underweight to the sector to neutral.
Financial stocks could deliver over 25% of the earnings growth of America's leading index over the next 12 months, says Bill Miller, the chairman of Legg Mason Capital Management.
Facebook will disclose extensive financial information or go public by early 2012 following a $2bn private fund-raising which values the social networking site at $50bn, according to reports.
An official report from the US on BP's Gulf of Mexico oil spill in April has described it as 'avoidable'.
BlackRock's Bob Doll believes US equities will see a third consecutive year of double-digit percentage gains.