BofA’s Bernard Mensah Sees Signs of Capital Markets Revival

Bank of America Corp.’s Bernard Mensah said he’s seeing signs of capital markets revival with some big-ticket share offerings, but elections are adding an element of caution among investors.

Activity is “absolutely more than last year,” he told Bloomberg Television’s Tom Mackenzie in an interview on Thursday. The question is whether it will “continue through in Q3 and Q4,” he said, adding “there are big election cycles, sometimes people are a little bit cautious ahead of that.”

Mensah, who’s the president of international operations at America’s second-largest bank, said the lender is continuing its drive into Scandinavia, Germany and ...