Bank of America’s VAR drops 19% in Q4

Average one-day trading VAR falls to lowest point since Q1 2020

Trading risk at Bank of America fell sharply over the last three months of 2021, hitting the lowest quarterly average since the early stages of the pandemic.

Daily value-at-risk (VAR) – management’s gauge of the most the trading desk could lose on any given day – averaged $63 million during Q4, down 19% from Q3’s $78 million and the lowest since Q1 2020.



The drop coincided with an 8% decline in trading-related assets at the global markets division, to $491.2 billion at end-December.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

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