BoA To Shutter Prop Bond-Trading Unit
Bank of America is shutting its proprietary bond-trading unit as part of its plan to comply with the Volcker rule, which prohibits banks from engaging in that type of activity. The
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts