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NEW YORK (Profitable.com) BofA Merrill Lynch Global Research today announced that David Woo has joined the firm as head of Global Rates and Currencies Research. In this role, Woo is responsible for forecasting the G10 currencies, as well as managing our regional interest rate research teams. Woo, who reports to Candace Browning, head of BofA Merrill Lynch Global Research, will also serve as a member of the Research Executive Management Committee.
“As a globally top-ranked research franchise, our clients know that they can count on us to deliver best-in-class expertise that will empower them in their investment decisions,” said Browning. “David will help us strengthen our fixed income research platform by spearheading the integration of our developed markets foreign exchange and interest rate coverage”.
Woo joins BofA Merrill Lynch Global Research from Barclays Capital, where he served as head of Global Foreign Exchange Strategy for the past six years, and as head of Global Technical Strategy for the past two years. Before joining Barclays, Woo spent four years at Citigroup as head of Local Markets Strategy for Europe, the Middle East and Africa. He began his career as an economist at the International Monetary Fund in Washington, D.C. and has a Ph.D. in economics from Columbia University.
The BofA Merrill Lynch Global Research franchise covers over 3,100 stocks globally and ranks in the top tier in many external surveys. Most recently, the group was named 2010 Top Global Broker (second consecutive year), Top Europe Broker, No. 2 U.S. Broker and No. 3 Asia broker by Financial Times/StarMine. In addition, the group was named No. 1 in the 2010 Institutional Investor All-Emerging Europe Research team survey and No. 3 in the 2010 Institutional Investor All-Europe team survey for pan-European coverage. In 2009, the team was named Best Brokerage by Forbes/Zacks; No. 2 in the 2009 Institutional Investor 2009 All-Brazil Research team survey; and No. 3 in the 2009 Institutional Investor 2009 All-America Equity, All-Latin America and All-America Fixed-Income Research team surveys.
Bank of America
Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with 29 million active users. Bank of America is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
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