Bank of America has made a daring raid on Italy’s debt financing team in hiring Domenico (Mimmo) Nardelli to be a managing director in its frequent borrower business. Nardelli was head of international funding and liability management in the department of public debt management. Although the department is managed by Maria Cannata, Nardelli was a key member of the funding department.
BoA has made several high-profile hires in the frequent borrower sector in recent months, especially Scott Lampard from JPMorgan but also the likes of Casper Bentinck from Lehman Brothers.
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