BofA’s John Addis Said to Leave Amid Investment Bank Job Cuts
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Bank of America Corp.’s John Addis, a 16-year Merrill Lynch executive who held senior roles in the firm’s equities division, left this week amid job cuts, according to three people with knowledge of the move.
Addis, 45, led Delta One Americas trading since the end of 2011, managing 70 traders in New York, said the people, who asked not to be identified discussing personnel decisions. He previously was Europe head of global markets financing and futures, a London-based position where he managed about 160 employees in businesses including prime brokerage, securities lending and structured products.