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Layoffs Watch '14: Bank of America

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Traders at at the House of Moynihan should reportedly gird their loins as of next Monday.

Bank of America trading executives David Moore and David Hartney departed as the firm prepares to eliminate fixed-income and equities jobs worldwide, according to people with knowledge of the moves. Moore, chief of North America rates trading, and Hartney, global head of futures execution, left this week, said the people, who asked not to be identified discussing personnel matters. The cuts next week probably will be more severe for fixed-income desks than for equities, two people said.

BofA Trading Executives Leave Firm as Job Cuts Loom [Bloomberg]


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