According to reports, Bank of America plans to use $25 billion of its own funds to engage in private credit business

Wallstreetcn
2026.02.20 08:11

According to informed sources, Bank of America has committed to invest $25 billion in private credit transactions. Bank of America will use its own funds to invest in private credit business, which is an extension of the company's existing direct lending operations. The bank plans to initiate these transactions through the capital markets division affiliated with its investment banking business. (Bloomberg)