Bank of America Expands Global FX Options Team

Apr 02, 2001, 01:00 ET from Bank of America

    CHICAGO, April 2 /PRNewswire/ -- Bank of America (NYSE:   BAC) has announced
 the expansion of its global options team with several new hires during the
 first quarter.
 
     In London:
     Craig Peters and Ian Rochelle join the bank as senior option traders
 responsible for Euro and Yen books respectively.  Peters joins from Bank of
 Montreal, while Rochelle joins from ABN Amro.  Andy Komon has relocated from
 the bank's Chicago office to trade Emerging Market options.
     Brad Nagela joins as a senior exotic options / structured products trader
 in Singapore. He was previously with Societe Generale in Tokyo. Killian Smith
 has moved from the bank's Singapore office to Chicago as an exotic options /
 structured products trader.
     The team of traders will report to Justin Foley, managing director and
 global head of FX options, who is based in Chicago.
     "These appointments are part of a strategy to upgrade our international
 trading desks and ensure we deliver a better and increasingly competitive
 service to our clients," said Foley. "In Asia, Nagela brings considerable
 experience in exotic options to our expanding operation there."
 
     Bank of America is one of the world's leading financial services
 companies. Through offices in 37 countries, the company's Global Corporate and
 Investment Bank provides investment banking, trade finance, treasury
 management, capital markets, leasing and financial advisory services to
 domestic and international corporations, financial institutions and government
 entities.
 
     Bank of America stock (ticker: BAC) is listed on the New York, Pacific and
 London stock exchanges. The company's Web site is
 http://www.bankofamerica.com. News, speeches and other corporate information
 may be found at www.bankofamerica.com/newsroom.
 
 

SOURCE Bank of America
    CHICAGO, April 2 /PRNewswire/ -- Bank of America (NYSE:   BAC) has announced
 the expansion of its global options team with several new hires during the
 first quarter.
 
     In London:
     Craig Peters and Ian Rochelle join the bank as senior option traders
 responsible for Euro and Yen books respectively.  Peters joins from Bank of
 Montreal, while Rochelle joins from ABN Amro.  Andy Komon has relocated from
 the bank's Chicago office to trade Emerging Market options.
     Brad Nagela joins as a senior exotic options / structured products trader
 in Singapore. He was previously with Societe Generale in Tokyo. Killian Smith
 has moved from the bank's Singapore office to Chicago as an exotic options /
 structured products trader.
     The team of traders will report to Justin Foley, managing director and
 global head of FX options, who is based in Chicago.
     "These appointments are part of a strategy to upgrade our international
 trading desks and ensure we deliver a better and increasingly competitive
 service to our clients," said Foley. "In Asia, Nagela brings considerable
 experience in exotic options to our expanding operation there."
 
     Bank of America is one of the world's leading financial services
 companies. Through offices in 37 countries, the company's Global Corporate and
 Investment Bank provides investment banking, trade finance, treasury
 management, capital markets, leasing and financial advisory services to
 domestic and international corporations, financial institutions and government
 entities.
 
     Bank of America stock (ticker: BAC) is listed on the New York, Pacific and
 London stock exchanges. The company's Web site is
 http://www.bankofamerica.com. News, speeches and other corporate information
 may be found at www.bankofamerica.com/newsroom.
 
 SOURCE  Bank of America