Banc of America Securities recently made five new hires for its European ABCP team, including Principal Tony Dullaghan, who will head the European CP trading, Principal Peter Eisenhardt, who will head origination and Principal Laurent Leveque, who joins as head of short-term sales. Additionally, Rosie Lloyd joins the sales desk as an associate and Yann Marhic joins the sales team as vice president, both reporting to Leveque.
These hires join the bank's existing short-term fixed-income trading and sales teams consisting of Gary Arndt and Wendy Bloom in Europe and Anita Lin in Asia. "We have excellent momentum in Europe that complements our strong position in the U.S.," said International Head of Global Markets Jonathan Moulds. "Our capital strength, credit rating and leading position in derivatives are already recognized by clients. By building out our CP capabilities in Europe, we position ourselves to be a global provider for clients in short-term fixed-income products."