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Brexit: Bank of America makes Paris its “trading floor” for Europe

Posted 5th Dec. 2022 at 4:39 pmUpdated 5th Dec. 2022 at 17:23

Bank of America makes Paris its new official trading floor for Europe. Several hundred traders and salesmen from the American bank’s trading rooms have taken up residence in recent months in the 11,000 square meters of the former and impressive PTT headquarters since the late 1920s, rue de La Boétie.

Another step has just been taken. “Bank of America Securities Europe has just been approved as a credit institution, supervised by the European Central Bank (ECB), welcomes Vanessa Holtz, the new CEO of BofA Securities Europe SA, who leads the firm’s market activities to Europe, and oversees its activities in France. Paris has become the true hub of Bank of America’s market activities for the European Union. »

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