Bank of America Merrill Lynch is shaking up its fixed-income, currencies, and commodities division.
Karen Fang, the head of sales and structuring for FICC in the Americas and head of cross-asset strategies and solutions, is leaving her post for a senior role in trading, according to an internal memo seen by Business Insider. The memo — from DeMare, Mensah, global FICC sales head Sanaz Zaimi, and global equities sales and distribution head Soofian Zuberi — says Gerry Walker, currently the global head of credit and special situation sales, is taking over Fang's role as head of FICC sales in the Americas.A Bank of America spokesperson declined to comment on the moves.
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