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Bank of America Global Research
In PWD coverage since September 15, 2026 · 1 story
-1Talent net · 12 months0 in · 1 out
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Chris Biotti
Sep 12 · to Citi Private Bank
PWD coverage
active
Reckoner's CLO arbitrage belongs to the tranches
The zero-default records at AAA and BBB are properties of CLO tranche design, and Reckoner's two funds are different bets on them.