Bank of America has poached a top junk-bond trader from Deutsche Bank, leveling up in one of 2020's red-hot trading markets

Jul 10 2020 by Business Insider

 

Bank of America has poached a top trader away from Deutsche Bank, a big credit-trading competitor. Jeff Chang has resigned from Deutsche Bank and is joining Bank of America, according to people familiar with the matter. Chang was the head of US high-yield trading at the German lender. Junk-bond trading has been hot amid the disruption caused by the coronavirus, and both Bank of America and Deutsche Bank have top high-yield-credit operations. Visit Business Insider's homepage for more...
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