BofA Hires Deutsche Bank’s U.S. Head of Hedge Fund Sales

Bank of America Corp. (BAC) hired Paul Baron, Deutsche Bank AG’s head of hedge fund sales trading for North America, to join the firm’s London office, according to a person familiar with the appointment.

Baron will be co-head of BofA’s equity-derivatives sales team for Europe, the Middle East and Africa and will also have responsibility for EMEA equity macro sales, the person said, declining to be identified because the appointment has not been made public.

Baron was also co-head of Deutsche Bank’s synthetic equity sales in New York.

Renee Calabro, a spokeswoman from Deutsche Bank in New York, declined to comment when contacted by Bloomberg News. A spokesman for Bank of America also declined to comment.

To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net