Goldman Vet To Lead BofA Rates, Currencies Sales For Hedge Funds

Feb 4 2010 | 10:45am ET

Bank of America Merrill Lynch has hired a Goldman Sachs banker to lead its hedge fund sales effort for rates and currencies.

The addition of Vinit Sahni last month is part of a slew of hires for the bank’s Asia-Pacific derivatives sales and trading team. BofA recently nabbed UBS’ Rajesh Melwani as head of derivatives sales for the region and Goldman’s Romanos Daniels as head of exotics trading in Asia-Pacific.

Sahni joined the firm last month. In addition to his hedge fund sales responsibilities, he is also head of flow rates and currencies sales for Asia, Europe, the Middle East and Africa and global head of central bank sales for rates and currencies.

BofA’s derivatives hiring spree has also netted it new heads of China onshore rates and currencies trading, and head of Asia-Pacific G10 foreign exchange options trading.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.