People News: Bank of America, Jefferies

For Hire

Bank of America’s Merrill Lynch unit said it hired Rahul Srinivasan and Itay Singer from Credit Suisse for its European leveraged finance unit in London.

Bloomberg News reports that Srinivasan and Singer will help expand the bank’s high-yield debt business in the region, said Toby Ali, who heads the unit. Three executives are also moving from New York to London, he said.

In the meantime, Bloomberg also reports that Jefferies, the investment bank owned by Leucadia National, hired BNP Paribas’s Jon Bass for a senior role in fixed-income sales, according to two people with knowledge of the matter.

Bass left BNP Paribas’s New York office, where he was deputy head of fixed income, Cesaltine Gregorio, a spokeswoman for the lender, said in an e-mail.

BofA Hires Credit Suisse’s Srinivasan, Singer for Leverage Unit

Jefferies Said to Hire BNP’s Bass in Fixed-Income Role


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