US banks are overrun with cash. So they are loading up on debt.
The six largest US lenders have issued some $314bn of bonds so far this year, already the most for any year since 2008, according to Dealogic.
Investment Banking
Banks prop up corporate bond market amid record debt sales
US banks are overrun with cash. So they are loading up on debt.
The six largest US lenders have issued some $314bn of bonds so far this year, already the most for any year since 2008, according to Dealogic.
