Bank of America equities memo on market flows – no investigative leads

Bank of America equities memo on market flows – no investigative leads The document is a routine internal market commentary about asset inflows/outflows with no mention of individuals, transactions, or wrongdoing. It offers no actionable investigative leads, controversy, or novel information linking powerful actors to misconduct. Key insights: Record equity ETF inflow and financials inflow noted on 11/18.; Largest bond outflow in 3.5 years reported.; Record emerging‑market debt outflow observed.