How Bank of America Aims to Dominate European Trading

Bank of America has announced its ambitious plans to establish itself as a leading player in the fixed income trading market in Europe.

Bank of America has been actively hiring senior traders and sales staff, as well as allocating a larger portion of its balance sheet toward its markets division, with a special focus on Europe, Middle East, and Africa.

The president of global markets at Bank of America, Jim DeMare, expressed confidence in the growth potential of the European market.