BofA Cuts Fleet FX Desk

Bank of America has let go the Boston-based foreign exchange options trading desk at FleetBoston Financial in the wake of its recently completed acquisition of the Bean Town firm.

  • 16 May 2004
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Bank of America has let go the Boston-based foreign exchange options trading desk at FleetBoston Financial in the wake of its recently completed acquisition of the Bean Town firm. Fleet had a handful of traders in Boston, led by Suresh Krishnaswamy, according to officials. He could not be reached.

In Asia, meanwhile, John Poh, a foreign exchange trader at Fleet in Hong Kong, has been transferred to BofA's Singapore-based desk. Poh confirmed the move, but declined further comment. Eloise Hale, spokeswoman at BofA in Charlotte, N.C., declined to comment on individuals or groups affected by lay offs. The firm has announced a total of 12,500 jobs will be cut over the next two years, she said.

  • 16 May 2004

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 313,117.00 1169 8.99%
2 JPMorgan 284,084.45 1296 8.16%
3 Bank of America Merrill Lynch 281,023.48 968 8.07%
4 Goldman Sachs 212,563.64 697 6.10%
5 Barclays 203,259.32 781 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 31,971.88 102 6.87%
2 HSBC 31,940.18 140 6.87%
3 Bank of America Merrill Lynch 29,065.55 82 6.25%
4 BNP Paribas 24,679.63 135 5.30%
5 SG Corporate & Investment Banking 22,195.55 122 4.77%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 14,960.44 66 7.87%
2 Morgan Stanley 13,992.90 72 7.37%
3 Citi 13,566.56 83 7.14%
4 UBS 13,028.25 52 6.86%
5 Goldman Sachs 11,994.74 65 6.31%