Bank of America loses credit correlation trading head

- Hann Ho
- 06 Mar 2006

Bernand told RiskNews he is currently waiting out his 'gardening leave' period. But he plans to join Deutsche Bank, where he is expected to be named global head of the German bank's correlation and cash collateralised debt obligation (CDO) business within its London structured credit unit.

Spokespersons at both Bank of America and Deutsche Bank declined to comment on the matter. But one source close to Bank of America said senior CDO specialists there were “jostling for position” and a decision about Bernand’s replacement could be made this week.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net