Bank of America said it is hiring senior staff from global rivals including Citigroup, Morgan Stanley and Goldman Sachs to expand its equity sales business in Japan, reports Bloomberg. The move, backed by BofA’s global markets head, Thomas Montag, comes as banks including most recently HSBC reduce equity-related operations in Japan.

This entry was posted by Gwen Robinson on Tuesday, May 26th, 2009 at 4:52 and is filed under Capital markets, People. Tagged with BofA, citi, goldman sachs, morgan stanley. Edit this entry.