Bank of America is looking to ramp up its interest-rate derivatives marketing capabilities in Hong Kong, according to Sanjay Mansabdar, principal of interest-rate trading in Hong Kong. He continued that BofA is looking to add two or three additional marketers in the coming months to the team as the business continues to grow, but was travelling and could not be reached for further comment.
A market official familiar with the hires said the additional marketers will report to Jeevan William, principal of global derivatives products in Hong Kong, who heads up the marketing team. William was traveling and could not be reached for comment.
Another market official in Hong Kong said the expansion is part of a retooling effort led by Goetz Eggelhoefer, managing director and Asian head of global markets in Singapore. Eggelhoefer joined early last year from JPMorgan and brought over a five-strong fixed-income team for BofA's Seoul branch (DW, 4/22). Eggelhoefer did not respond to messages.
