BoA hits senior as US banks lead domestic TLAC charge

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BoA hits senior as US banks lead domestic TLAC charge

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File photo dated 14/08/09 of the Bank of America building in London's Canary Wharf, as US banking giants Goldman Sachs and Bank of America have delivered a hefty jump in profits as they reaped the rewards of higher interest rates. | Tim Ireland/PA Wire/PA Images

Bank of America opened books on a four tranche dollar deal on Wednesday, following first quarter earnings and chasing huge senior transactions from its peers JP Morgan and Citi.

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