FX Markets

BofA Strengthens FX Options In A-P Region With New Hires

BANKS

Bank of America (BofA) continues realigning its foreign exchange business along product, rather than regional lines, and is now moving to strengthen its Asian foreign exchange options operation, officials say. To this end, BofA now has FX options product specialists in Tokyo, Hong Kong and Singapore to improve customer delivery in the region.

"BofA wants to improve global coverage in Asia, as it has done in North America," says Los Angeles-based John Bradley, vice president, who is transferring

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