William Fall, head of Bank of America’s European and Asian operations, is to retire in June. Jonathan Moulds, the bank’s head of global markets in those regions, will replace him. Fall has been with the bank for more than 11 years.
Moulds will take over the role with immediate effect and report to Gene Taylor, Bank of America’s vice chairman and president of global corporate and investment banking.
Moulds took up his role as head of global markets in April 2005 (see Squawkbox, February 28, 2005) and relocated from Chicago to London, where he will continue to be based.