BoA loses global market head

The removal of a layer of management at the bank means William Fall, London-based head of global structured products, takes responsibility for international and global risk management, global FX, rates and commodities. Head of global debt and capital-raising Bill Hodges takes control of the fixed-income research division.

Both Fall and Hodges will report directly to Ed Brown, Charlotte-based president of BoA’s Global Corporate and Investment Bank, who said: "I am confident that this new stru