Bank of America Is Actively Preparing For The Chinese January 31 Trust Default

Last week we were the first to raise the very real and imminent threat of a default for a Chinese wealth management product (WMP) default – specifically China Credit Trust’s Credit Equals Gold #1 (CEQ1) – and its potential contagion concerns. It seems BofAML is now beginning to get concerned, noting…

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Bank of America Is Actively Preparing For The Chinese January 31 Trust Default

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