All articles by Brendan Malkin

BofA and Coutts expand luxury finance plans

Bank of America (BofA) and RBS Coutts have recently launched businesses dedicated to financing assets for ultra high net worth individuals (UHNW), indicating a shift back into the exotic finance market. Bank of America is currently focusing efforts on its jet finance arm, particularly in jurisdictions where its presence has been fairly limited, including Europe, the Middle East, Africa and Asia-Pacific.