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.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

People moves: Door still revolving at Bank of America/Merrill

Stability seems to be a characteristic of those banks that are at the top of the pile in FX. But it is a word that does not appear to be in the vocabulary of those running Bank of America/Merrill Lynch. The latest senior person to leave the firm is Vincent Delorenzo, head of FX sales for EMEA. Delorenzo was moved across to sales from his role in short-term interest rate trading following the banks' merger, so he was always going to have a tough time. But he hardly had a chance to get his seat warm before he was getting ready to pack his bags at the bank's Newgate Street building in London. A BofA spokesperson confirmed his position has been put at risk of redundancy. Sources say that as the turmoil continues at BofA, he's unlikely to be the last.

Global heads at Merrill over the last decade

October 2006

FX people moves: Changes at BoA continue

February 2008



More on Merrill Lynch

More on Bank of America

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.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

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

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, 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

LOGIN NOW

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