07.06.2005 14:07:00

Bank of America Hires Five to ECP Team as Part of Global Short-Term Fixed Income Platform Expansion

LONDON, June 7 /PRNewswire/ -- Bank of America announces five hires to its European Commercial Paper (ECP) team. This team is part of the bank's Global Short-Term Fixed Income platform that reports into New York-based Bob Beehler, Head of Global Short-Term Fixed Income.

Jonathan Moulds, International Head of Global Markets, comments: "We have excellent momentum in Europe that complements our strong position in the US. Our capital strength, credit rating and leading position in derivatives are already recognised by clients. By building out our CP capabilities in Europe, we position ourselves to be a global provider for clients in short-term fixed income products."

JC Perrig, Head of International High Grade Origination adds: "Short term fixed income products are an important tool our clients use to manage cash and regularly test their name in the market. We're fully committed to serving our clients with liquidity, informed and impartial advice and seamless execution."

These hires join the bank's existing Short-Term Fixed Income Trading and Sales teams consisting of Gary Arndt and Wendy Bloom in Europe and Anita Lin in Asia.

Tony Dullaghan joins as Principal and European Head of Trading reporting to Brian Robertson and Scott Lampard, joint Heads of International Syndicate and to Steve Huntley, Global Head of Short Term Fixed Income Trading, who is based in Charlotte. Dullaghan joins from JPMorgan Chase where he spent three years as an ECP trader/risk manager.

Peter Eisenhardt joins as Principal and European head of Origination reporting to JC Perrig, Head of International High Grade Origination and to Robert Porter, Global Head of Short Term Fixed Income Origination, who is based in San Francisco. Eisenhardt has extensive experience in Asset Backed Commercial Paper and joins after 25 years at JPMorgan Chase working in ECP, Repo, Credit, Bond Options and Asset/Liability Management. He has worked in London, New York and Tokyo.

Laurent Leveque joins as Principal and European head of Short Term Sales reporting to Brian Heyworth, Head of International Global Markets Sales and to Chris Walsh, Global Head of Short Term Fixed Income Sales, who is based in New York. Leveque joins after 12 years in short term fixed income most recently at JPMorgan Chase. He has worked in both Paris and London.

Rosie Lloyd joins the ECP Sales desk as an Associate reporting to Laurent Leveque, European Head of Short Term Sales. Lloyd joins from JPMorgan Chase where she spent three years in ECP trading.

Yann Marhic joins the ECP Sales desk as a Vice President reporting to Laurent Leveque, European Head of Short Term Sales. Marhic previously spent seven years in short term fixed income and was most recently at JPMorgan Chase. He has worked in both Paris and London.

Bank of America is one of the world's leading financial services companies. The company's Global Capital Markets and Investment Banking group (GCIB) provides investment banking, equity and debt capital raising, research, trading, risk management, treasury management and financial advisory services. Through offices in 35 countries, GCIB serves domestic and international corporations, institutional investors, financial institutions and government entities. Many of the bank's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited. Issued and approved by Banc of America Securities Limited, authorized and regulated by the FSA. For additional information, visit http://www.bankofamerica.com/ .

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