Bloomberg News reports that Deignan, who resigned in New York this week, will be part of Lazard’s corporate preparedness division, the people said, asking not to be named as the details aren’t public. A representative for Bank of America declined to comment and Lazard and Deignan couldn’t be immediately reached.
In the meantime, Bloomberg also reports that Citadel Securities hired Michael de Pass, a former trader at Bank of America, to head Treasuries trading in a further expansion into the $13.5tril market for U.S. debt.
De Pass, who starts Monday, will oversee trading of the most liquid Treasuries, as well as engineer the company’s first foray into older issuance known as off-the-run securities, Paul Hamill, global head of fixed income, currencies and commodities, said in an interview. De Pass, who left Bank of America in June, will focus on trading 10-year securities. He will be based in New York and will report to Hamill. Bank of America did not immediately respond to telephone and e-mail requests for comment.
Finally, Reuters reports that Deutsche Bank has hired Lackland Bloom, former co-head of oil & gas investment banking at JP Morgan, to run its Houston office as a managing director in the natural resources group.
Bloom will report to Greg Sommer and John Anos who are co-heads of Deutsche Bank's natural resources group, according to a memo obtained by IFR.
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