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FOREIGN EXCHANGE

FX people moves: Bank of America gain two

Nick Paulson, Joseph Coley

Nick Paulson is believed to be going to Bank of America in Mid August. He is likely to join as a sterling spot trader and replace a Nick Haig, who left the American bank earlier this year. He will report to Martin O’Donoghue who runs FX spot trading.

Also starting in August is Joseph Coley. He is believed to be joining the Bank of America, from Merrill Lynch, at vice president level to take up a new role as an FX options trader. His boss will be Simon Manwaring who runs the options correlation desk.

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