BofA Treasuries Trader Exits, Adding to Fixed-Income Departures
- Head of U.S. Treasury trading Shyam Rajan exits after a decade
- Wall Street staffing changes are typical after bonus season
Photographer: Daniel Tepper/Bloomberg
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A senior Bank of America Corp. bond trader is the latest person to depart from the company’s fixed-income division.
Shyam Rajan, head of U.S. Treasury trading, is leaving after more than a decade with the firm, according to people familiar with the situation who asked not to be identified discussing personnel matters. On Thursday, the company named Michael Maras head of global fixed-income, currencies and commodities research after prominent analyst David Woo decided to leave.