BofA Names New Leaders in Fixed Income, FX After Departures

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Bank of America Corp. named Michael Maras head of global fixed-income, currencies and commodities research after David Woo decided to leave the company. It also appointed a new head of currency trading for Brazil.

Maras will take on the new duties while continuing to lead research in the Europe, Middle East and Africa region from London, according to a memo to staff from Candace Browning, the bank’s head of global research. The contents of the memo were confirmed by a company spokeswoman.