Bank of America Integrates FX And Derivatives Business

PEOPLE NEWS

LONDON -- Bank of America has grouped its FX and derivatives businesses together in a new Global Risk Management division, following the retirement of former global head of FX Bob McKnew on February 5.

McKnew’s departure provided an opportunity to assess the structure of Bank of America’s FX business, said William Fall, who heads the new division in London. All FX and all risk management products, including, fixed income derivatives, commodity derivatives, exchange-traded derivatives, investment

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