BofA names co-heads for new credit macro trading unit
Reshuffle comes after macro and systematic trading head Derek Hafer jumped to RBC
Bank of America is combining its corporate bond, credit index and exchange-traded fund (ETF) trading businesses into a new global credit macro and Ficc ETF trading team.
The combined business is co-headed by Rory O’Donovan and Amit Patel, according to an internal memo sent by global credit co-heads George Brommer and Michail Zekyrgias today (November 5).
O’Donovan and Patel retain their current
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