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By Syndicated Content By Pete Schroeder WASHINGTON (Reuters) - Record-breaking Wall Street bank bond offerings in recent days are being driven by a combination of extraordinary market conditions and regulatory decisions that can be traced to the government s pandemic relief efforts, said analysts. JPMorgan Chase, Bank of America, Goldman Sachs and Morgan Stanley have or are planning to issue a total of $40 billion in debt, according to media reports. JPMorgan s $13 billion April 15 bond sale was briefly an industry record until it was topped the next day by Bank of America s $15 billion offering. While the banks did not provide details on why they are raising the debt, analysts said a confluence of monetary and regulatory factors are driving the unprecedented cash grab, underscoring the increasingly tricky balancing act for Wall Street lenders as the economy emerges from the pandemic slump.

United statesDick bovePete schroederJennifer piepszakMegan daviesBrian moynihanGennadiy goldbergNick zieminskiMorgan stanleyGoldman sachsOdeon capital groupFederal reserveWall streetAmerica chief executive brian moynihanOdeon capitalChief financial officer jennifer piepszak