People: Foresti jumps from Deutsche to BAML

Michele Foresti, an 18-year Deutsche Bank veteran, is BAML's new head of fixed income for Europe


Michele Foresti is leaving Deutsche Bank to join Bank of America Merrill Lynch (BAML) as head of its fixed income, currencies and commodities (Ficc) trading business for Europe, the Middle East and Africa (Emea) in London in June. Foresti spent 18 years at Deutsche Bank, where he was most recently European head of rates and credit flow trading. 

In November, Deutsche Bank announced Foresti would share his title with head of emerging markets trading Ahmet Arinc, leaving Foresti in a more client

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