People News: Bank of America, Barclays

Bank Of America Building

Bank of America’s Bruce Thompson, who stepped down as CFO last year, will stick with the company in a role dealing with the bank’s biggest corporate clients.

Bloomberg News reports that Thompson, 51, was set to pursue opportunities at another firm after Paul Donofrio, 55, was named CFO in July, people with knowledge of the situation said at the time. Instead, Thompson will be vice chairman and oversee global acquisition finance and capital commitments, reporting to Chief Operating Officer Tom Montag, the lender said Friday in a memo to employees.

In the meantime, Bloomberg also reports that Sylvain Lebre, European head of credit index and options trading at Barclays in London, has left the bank, according to two people familiar with the matter.

Lebre traded indexes of credit-default swaps, said the people, who asked not to be identified because they’re not authorized to speak about it. He joined the bank in 2012 from Morgan Stanley, where he also traded credit derivatives.

BofA's Thompson to Remain at Bank, Serving as Vice Chairman

Barclays Head of European Credit Index Trading Said to Depart

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts