Bank of America (BofA) grew its continental Europe footprint in 2019 through key hires and appointments in equities which houses the bank’s structured products business.
BofA has rebuilt its equities and equity derivatives business in Europe after a year focused on fuelling the turnaround of the business. This followed a challenging 2018 which resulted in a pullback in investing banking activities in Europe. The US bank dropped Merrill Lynch from its investment banking brand in early 2019, while keeping the name Merrill for wealth management, a move to boost morale in its investment bank after a year of declining market share and revenue. In Q1 2019, Bof
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