Bank of America Expands Global Foreign Exchange Team

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Byline: Vivek Ahuja

Bank of America has recruited more than a dozen bankers to its global foreign exchange business in London, New York, Hong Kong and Tokyo as part of an aggressive expansion drive.Alan Collins has been hired as a managing director to run the global foreign exchange business in Europe. He joins from MarketAxess, where he was president of European operations. Collins, who has also worked in the foreign exchange and commodities division at JP Morgan Chase, will leverage off Bank of America's strength in the US to build the bank's FX platform in Europe.

Also joining the London team as a senior trader on the spot desk is Peter Little from Credit Suisse First Boston, where he was director for euro/dollar trading. Benedict Floyd also joins from CSFB's global money markets team as a senior trader on the forwards desk.

Bank of America has also hired two vice-presidents in corporate sales. Silvia Biscari leaves the foreign exchange corporate desk at Banca Nazionale del Lavoro in Rome, while Olivier Brouet was previously a vice-president in the interest rate and derivatives sales group at JP Morgan Chase.

Callum Henderson also joins the London team as senior emerging market strategist for Europe, the Middle East and Africa (EMEA). …