Bank of America welcomes three new equities hires

Incoming individuals have previously served at Citi, Goldman Sachs and Societe Generale.

Bank of America has made three new appoints to its EMEA equities distribution business, according to an internal memo seen by The TRADE.

The appointments are: Matt Watson as global head of structured issuance for equities, Maxime Menard, as new head of EMEA X-Asset third party distribution sales, and Vincent Charvin as EMEA head of delta one sales.

The hires, set to begin in their new roles in the coming months, follows a period of increased activity for the area, according to the memo, which highlighted the strong momentum enjoyed by the business over the last 12 months.

Read more: Bank of America reports highest H1 sales and trading revenue in over a decade, despite 2% fall in equities

London-based Watson is a Citi veteran, having spent over 26 years at the company, most recently as equities global head of issuance solutions. In his new role he is set to be focused on the global growth of the structured notes business, The TRADE understands.

He will report to Martina Slowey, head of EMEA equities, and Matthew Scott, global head of the asset optimisation group.

Paris-based Maxime is set to leverage his experience in structured products for 3PD in this new role. Most recently he was head of the cross-asset distribution team at Societe Generale, overseeing the UK, Ireland, Nordics, Iberia, Central Eastern European, Israel and Africa. 

Charvin is based out of London and was most recently global co-head of custom baskets and EQ managed portfolio solutions at Goldman Sachs. Both Menard and Charvin will report to Alexandre Isaaz, head of EMEA equities derivatives sales and structuring, The TRADE understands.