Industry veteran Sabet Elias has been chief technology officer for sales and trading at Bank of America for the past seven years.
Tag: Bank of America
The charges against Bank of America marks the ninth CFTC enforcement action against major investment banks related to ISDAFIX rigging.
Bank of America Merrill Lynch admits masking millions of orders and will pay $42 million for the second time this year.
Goldman Sachs becomes first US investment bank to report a decline in trading revenues in the first quarter so far this year.
System errors saw Merrill Lynch report millions of inaccurate transactions to US regulator.
Fixed income trading has led to growth in overall revenues in investment banking business units for tier one banks in Q3 this year.