Bank of America

Bank of America is one of the largest fully integrated financial services companies in the world.

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Wall St firm runs simulations to test traders

Trading Places

The trader was in deep trouble. A millennial who had only recently been allowed to set foot on a Wall Street floor, he made bad bets, and in a panic to recoup his losses, he’d blown through risk limits, losing $4.9m in a single afternoon.

People News: BofA Merill Lynch, Schroders

Now hiring - not

Bank of America Merrill Lynch has appointed Philippe Chryssicopoulos as its head of power, utilities and renewables investment banking for Europe, Middle East and Africa, according to a memo seen by Reuters.

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Bank of America

People News: Bank of America, Barclays

Bank of America’s Bryan Weadock is stepping down from his role as co-head of global fixed-income sales to take personal leave, joining a growing number of senior Wall Street bond executives moving on amid an industrywide slump.

Bank of America

People News: HSBC, Bank of America

HSBC has named former UBS banker Andre Cronje as chief operating officer for its global banking and markets division, according to an internal memo seen by Reuters on Tuesday.

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