This is the final Halloween for Michael Meyer, who will not return to his position as head of investment-grade bond trading at Bank of America, the bank said today in reports.
Meyer joined the bank in 2002 as managing director and head of U.S. high-grade corporate bond trading. He was previously at UBS Securities.
The departure comes not long after the gruesome announcement that the bank would slash 3,000 jobs companywide, including 500 from global markets and global investment banking.
Masaya Okoshi, who was a trader in the group will replace Meyer. Recent departures also include Gene Taylor, president of corporate and investment banking, and Peter Forlenza, global co-head of equities. The bank also said it closed its European credit strategy team, which includes Raja Visweswaran, head of international credit strategy, and credit analysts Miqdad Asaria, Da Liu and Rishma Shah. Calls to a Bank of America spokesman were not returned by press time.
