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Derivatives

BofA Reshuffles European Sales

Brian Heyworth, head of fixed income and derivatives sales to institutions for the U.K. and Ireland at Bank of America in London, has been promoted to European head of fixed income and derivatives sales to institutions. Heyworth replaces Gerhard Seebacher who moved to New York last year to take the new position of global head of derivative product sales, according to Heyworth. Seebacher covered both positions until Heyworth was promoted at the beginning of the month. Seebacher did not return calls.

Heyworth said he will retain responsibility for the U.K. and Ireland sales effort in the interim and the other three regional institutional sales desks, covering Northern Europe (Germany, Austria, Scandinavia and Switzerland), France and Benelux, and Southern Europe, now report in to him.

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