Gu appointment casts shadow over BoA FX

Gu headed fixed income, currencies and commodities (FICC) at Merrill Lynch in London after the US investment banks dissolved the global head of FX position (FX Week, February 11). A London-based headhunter said London staff in the BoA foreign exchange division are already considering their options, as "most of them will be out of a job following the merger". Neither BoA nor Merrill would provide FX staffing levels.

Another source told FX Week that, although she imagines more jobs will go to

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