Bank of America adds eight to credit team

Three of the new appointments are internal. Dan Colonna transfers from the bank’s equity automotive industry group to become vice-president covering the European auto and auto parts industry; Loren Remetta moves from the credit trading team to become vice-president, focusing on European credit and US auto trading; and Robb McGregor joins from the high-yield sales team and is charged with building up the bank’s distribution platform.Meanwhile, Greg Lake joins BoA as a principal in credit sales from Caxton Europe Asset Management, where he was an investment manager. He is joined by Rebecca Clements, who has been taken on as a high-yield desk analyst covering industrials. She was previously at WR Huff Asset Management, where she was a high-yield research analyst. Alaric Hu also joins as a principal and senior desk analyst covering the telecoms, media and technology sector. He was previously a principal at Stratton Street Capital.On the trading side, Société Générale senior credit trader Marc Geffroy joins BoA as a principal and investment-grade trader; and Matthias Schwarz joins the bank as a principal and credit trader focusing on crossover credits. He previously worked as a senior crossover high-yield credit trader at WestLB.All report to Charlie Cho, head of European credit spread sales and trading.

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