BoA’s Gotelli joins Wells Fargo

The hire signals a continuing trend of senior FX managers from global banks taking up roles at smaller dealers, as credit-related losses resulted in major changes at the former, said analysts. Other high-profile moves include Harry Culham, previously London-based global head of foreign exchange at Merrill Lynch, who joined CIBC World Markets as head of fixed income and currencies in Toronto earlier this month (FX Week, March 10).

Wells Fargo FX trades over $4 trillion a year. It helps commercial

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