Bank of America’s decision to sit out some AI deals reportedly hits its credit traders
Bloomberg reports that the bank passed on some of the hottest AI deals to come to market, leaving its credit traders feeling the after-effects.
TLDR
Bank of America’s slower AI ramp-up is hitting its trading desk, Bloomberg reports. The bank’s credit traders are feeling the fallout from its decision to sit out some of the hottest AI deals to reach the market.
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