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  3. BAML hires new global head of FX Prime Brokerage
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BAML hires new global head of FX Prime Brokerage
26 October 2011 London
Reporter: Anna Reitman

Image: Shutterstock
Bank of America Merrill Lynch (BAML) has announced the appointment of Peter Klein as global head of FX Prime Brokerage. In this role, Klein will be responsible for further developing BAML's FX Prime brokerage business globally and ensuring that the firm is well placed to support FX services, including in prime brokerage and clearing.

He joins from a similar role at J.P. Morgan in London and was previously COO of a European hedge fund and earlier worked at Saxo Bank, where he established and led the bank’s first overseas branch in London.

Peter Johnson also joins BAML at the end of this month as global head of Futures and OTC Clearing, based in Chicago, to whom Klein will report as well as to Chris Bae, co-head of Global FX trading and Kevin Connors, global head of FX Sales.

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