US Banks: BofA Expert Insights: Demystifying AI Lending & Synthetic Risk Transfers (SRTs)

Research evidence excerpt

US Banks: BofA Expert Insights: Demystifying AI Lending & Synthetic Risk Transfers (SRTs)

Accessible version

US Banks

BofA Expert Insights: Demystifying AI

Lending & Synthetic Risk Transfers (SRTs)

Invitation

Topic 21 May 2026

Join Ebrahim Poonawala, Head of North American Banks Research, for a virtual fireside Equity

conversation with David Sklar, Managing Director and Head of ABS and Non-Agency United States

RMBS Trading at BofA, and Kesi Wang, Director and Senior Trader at BofA. The Banks

discussion will focus on how banks are increasingly using synthetic risk transfers (SRTs)

to manage concentration risks tied to AI-driven lending and growing data center

exposure. Speakers will share insights on how SRT appetite has evolved alongside

improved capital relief for US banks, where approaches are diverging across US,

Canadian, and European institutions, and why SRTs are becoming a key tool for

managing hyperscaler exposure, balance sheet risk, and capital efficiency.

David Sklar is a Managing Director in Global Markets at Bank of America and Head of

ABS and Non-Agency RMBS Trading. He oversees trading across asset-backed securities,

non-agency residential mortgage-backed securities, and whole loan portfolios. He holds

a B.A. in Government from Harvard University, with a secondary field in Economics.

Kesi Wang is a Director and Senior Trader in Global Markets at Bank of America, focused

on securitized credit trading. He leads trading across digital infrastructure sectors,

including data centers and fiber, as well as single-family and multifamily credit risk

transfers (CRT). He holds a B.S. in Finance and Network Management from Syracuse

University’s Martin J. Whitman School of Management, and a B.S. in Finance and