BoA Merrill Lynch to move bulk of London business to Dublin office
Beefed-up Irish HQ will be its main European banking entity
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, the US...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.