Banking

Bank of America hires trio for European equities business


Bank of America made three new senior hires as part of plans to further bolster its equities division in Europe.

In an internal message, the bank announced Matt Watson, Vincent Charbin and Maxime Menard would join the firm in the coming months.

Watson was named global head of structured issuance for equities. He departs from Citi where he was global head of issuance solutions for equities.

Charbin was appointed the head of so-called delta one sales for Emea. He was most recently at Goldman Sachs as the bank’s global co-head of custom baskets and EQ-managed portfolio solutions.

Finally, Menard became the head of Emea X-Asset third-party distribution sales. Menard was head of Societe Generale’s cross-asset distribution team for several sections of the Emea region.

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Both Watson and Charvin will be based in London while Menard will operate from Paris. Watson will report to Martina Slowey, BofA’s head of Emea equities. Charvin and Menard will serve under the bank’s Emea head of Equities Derivatives Sales and Structuring, Alexandre Isaaz.

In second quarter results, the investment banking division of BofA reported revenues increased by 4%, due to doubling of fees from work in equity capital markets.

BofA was also recently named the top bank for emerging Europe by Institutional Investor — often dubbed the City Oscars. It also received a tied first for top bank in developed Europe along with BNP Paribas Exane.

To contact the author of this story with feedback or news, email Jeremy Chan



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