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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bank of America Corporation | NYSE:BAC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.3568 | -0.95% | 37.1932 | 37.67 | 37.17 | 37.43 | 16,105,292 | 19:42:45 |
From Apr 2019 to Apr 2024
By Christina Rexrode And Jenny Strasburg
Bank of America Corp. on Tuesday tapped Bernard Mensah and James DeMare to be the co-heads of global fixed-income, currencies and commodities trading, according to people familiar with the situation.
Mr. Mensah and Mr. DeMare will take over Jan. 1, according to a memo sent by Chief Operating Officer Thomas Montag. He also runs investment banking and other units that deal with business clients and institutional investors.
Mr. Mensah and Mr. DeMare will replace David Sobotka. The Wall Street Journal reported in November that he would retire by the end of the year. Mr. Sobotka felt ready to leave because the bank had made progress faster in FICC trading faster than had been anticipated, the Journal reported.
Mr. Mensah currently runs FICC trading for Europe, the Middle East and Africa. Mr. DeMare is global head of securitized products.
Write to Christina Rexrode at christina.rexrode@wsj.com and Jenny Strasburg at jenny.strasburg@wsj.com
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