BoA Launches Initiative To Boost FX Income
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LONDON -- On the back of disappointing year-end results for FX revenues, which were down 8% from the previous year, Bank of America (BoA) last week announced two new initiatives that it hopes will boost its FX income.
A new FX sales team has been established to target the commercial clients of Bank of America. The new team will be headed by Alan G Jirkovsky, who's been with the bank for 27 years and will report to Michael Bernal, head of FX sales for the Americas.
Jirkovsky says the new team will
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