FX Markets

Cummins takes top FX job at Bank of America

NEWS

NEW YORK -- Bank of America has named Beau Cummins as head of global foreign exchange in New York, as part of further restructuring in its global risk management division.

Cummins, who relocates to New York from the bank’s headquarters in Charlotte, where he was co-head of global derivative sales, now reports to William Fall, global head of risk management in London.

But Fall, who was previously in charge of global FX in addition to his risk management role, retains overall responsibility for FX

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