BoA Merrill Lynch to move bulk of London business to Dublin office

Bank of America Merrill Lynch will book all of its European bond, currency and commodity trading through its expanded Irish operation once Britain leaves the European Union.

In addition, fixed income, currencies and commodities trading, known as FICC in industry circles, will go through the Dublin unit, as well as responsibility for corporate and institutional lending, investment banking, loan syndication services, global transaction services and leasing.

As revealed by The Sunday Business Post, ...