The US bank has seen an increase in issuance and sales of structured products over the last quarter.
Bank of America (BofA) has increased its US structured product sales by 21% in the second quarter of 2021 with US$621m accounting for 166 products, compared with US$513m for 37 products in the same period a year prior. However, the bank’s Q2 21 sales volume represents a 25% fall from the value of the previous quarter despite a higher number of structured products being issued. Over the past year, BofA’s issuance has grown significantly reaching 106 structured products (US$702m) in
Continue reading with a subscription to the SRP market intelligence platform.
Request DemoAlready a subscriber? Login