The cost of the new system was estimated at $500 million at the end of last year.
Oil prices are also elevated as producers extend output cuts.
Wall Street stalwart points to China growth risks.
BCG says the speed of greener energy must speed up.
Middle East based investment funds are key players in global dealmaking.
Lawsuit accuses the trader and analyst of copying proprietary software code.
Carrie Tolstedt, the bank's former head of retail banking, pled guilty this year to obstructing the investigation of the bank's fake accounts.
Wall Street bank believes Fed may now pause rates.
Investors unimpressed by Beijing's stimulus measures.
The bearish analyst says there is too much market optimism currently.
