Bank Of America Pushes Forward With Aggressive Derivatives Hires

PEOPLE NEWS

LONDON--Bank of America’s managing director and head of European derivatives, Gerhard Seebacher, has hired 11 new members within the marketing and trading departments for its London-based global derivatives products group.

Luigi Grasso, joining from Barclays Capital, is to cover the Italian derivatives marketing effort. Before Barclays Grasso worked at Merrill Lynch.

Phillip Stone comes from GenRE Financial Products to take on responsibility for derivative structuring, concentrating on the dev