Bank of America picks Manelski and Zuberi to run global markets unit, memo shows

Core Insights - Bank of America has promoted Denis Manelski and Soofian Zuberi to the positions of presidents and co-heads of global markets, indicating a strategic shift in leadership within the trading division [1] Leadership Changes - The internal memo revealed several leadership changes in Bank of America's trading arm, highlighting a restructuring aimed at enhancing operational efficiency and market competitiveness [1]