Trading

Bank of America revamps trading tech as it eyes top three spot in Europe

Trading boss says Europe is seeing more interest amid US-induced volatility

Bank of America has been investing in its markets business globally Mike Kemp/In Pictures via Getty Images
Bank of America has been investing in its markets business globally Mike Kemp/In Pictures via Getty Images

Bank of America is aiming to become a top-three player in European trading for both equities and fixed income, according to the head of its markets business in the region.

Brian Weinstein, Emea head of global markets, told Financial News that the Wall Street bank has this year added salespeople and invested in technology to strengthen its presence in Europe, the Middle East and Africa.

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