Bank of America’s VAR drops 19% in Q4

- By Lorenzo Migliorato
- 20 Jan 2022

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Trading risk at Bank of America fell sharply over the last three months of 2021, hitting the lowest quarterly average since the early stages of the pandemic.

Daily value-at-risk (VAR) – management’s gauge of the most the trading desk could lose on any given day – averaged $63 million during Q4, down 19% from Q3’s $78 million and the lowest since Q1 2020.

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