Loan Ranger: BofAML aims high with loans plans and rooftop bbq

Looking up at the smoke coming from the rooftop of Bank of America Merrill Lynch on Wednesday, Tonto couldn’t help but worry that the loan market had taken a step backwards and had decided to replace the trusty fax machine with the even more technologically basic smoke-signals. Of course, he breathed a huge sigh of relief when it turned out to be bank’s EMEA DCM summer barbeque and drinks in progress.