Bank of America (BofA) in London makes two hires at vice president level. Neil Petch-Smith has resurfaced in spot Commonwealth currency trading, following his exit from Barclays Capital where he was a spot Aud trader (see Profit & Loss, May 2003). At BofA he reports to Andrew White, head of the spot desk in London.
Fatih Yilmaz has also joined the bank in London as a G10 currency strategist from Morgan Stanley Dean Witter. He reports jointly to Alan Collins, London-based head of FX for Europe, and David Mozina, New York-based head of FX research.