BofA rehires Velani to head transactional FX trading

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Bank of America has rehired Bhupen Velani as head of global transactional foreign exchange trading in London, as part of a string of new hires for its FX division.

Velani rejoined last month from JP Morgan, where he spent just over a year as an executive director for FX product, according to his Linkedin profile. He reports to Carlos Fernandez-Aller, head of global FX and emerging markets macro trading.

During his previous stint at BofA, Velani set up the transactional FX trading business in

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