Trading risk plummets at BAML as portfolio grows

Bank of America Merrill Lynch (BAML) posted higher trading assets in the second quarter, continuing an upswinging trend that began in early 2016. Despite its bulging trading portfolio, however, the bank had far less risk of loss compared to the last time the portfolio hovered around this size in 2013.  

The US investment bank reported average trading-related assets in its Global Markets division of $473 billion, $10 billion more than the first quarter. BAML said the 2% increase was primarily

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: