The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

FX people moves: Who's on his bike from Merrill?

Bank of America is continuing the build up of its FX business with the hire of Nick Paulson, a dollar/yen spot trader, who is joining the bank from Merrill Lynch. He is apparently the 20th hire the bank has made this year.

I sold Nick a nice bike a couple of years back, which I delivered. Unfortunately, for Nick, the jobsworths on the door at Merrill wouldn’t let him take it in to the building, leaving him with a bit of a dilemma. If he’d left it outside unlocked, it would have disappeared within minutes. Being an enterprising chap, Nick hailed a taxi, put the bike in the back and told the driver to take it back to his house in Essex.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree