BofA sales stumble in Q2

Bank of America (BofA) has increased its US structured product sales by 21% in the second quarter of 2021 with US$621m accounting for 166 products, compared with US$513m for 37 products in the same period a year prior. However, the bank’s Q2 21 sales volume represents a 25% fall from the value of the previous quarter despite a higher number of structured products being issued. Over the past year, BofA’s issuance has grown significantly reaching 106 structured products (US$702m) in