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BAML hires Kevin Connors as global head of FX sales

Kevin Connors, the former co-head of global G10 foreign exchange sales at Goldman Sachs, has been hired by Bank of America Merrill Lynch as its new global head of FX sales, according to three people familiar with the matter.

Connors left Goldman abruptly in January, for what sources at the time described as an “internal policy breach.” He had been made a partner at the firm in October 2008. Connors specialized in dealing with leveraged accounts and had a reputation as an aggressive salesman, with strong skills in FX derivatives.

“I think it’s a great hire for BAML I've got a lot of time and respect for him,” said a former colleague. “He’ll move the needle for them on structured FX derivatives. His claim to fame at Goldman was really pushing structured derivatives along. He’s a good global leader too.”

BAML declined to comment on the appointment, and Connors wasn’t immediately available for comment.

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