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BofA CEO warns hedge fund meltdown signals stress in leveraged markets

Reported · Written up by our desk · Equities

Bank of America CEO said the reported meltdown of the hedge fund Situational Awareness served as a warning for leveraged markets, according to CNBC Markets.

CNBC Finance reported that Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner.

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Sources

CNBC MarketsSituational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
CNBC FinanceSituational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
CNBC FinanceSituational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says

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