BofA poaches JPMorgan correlation trader

Published March 1, 2005 12:00 AM EST 1 Min Read

Banc of America Securities recently hired Jerry Lee as managing director and senior trader of crossover credits in both cash and credit default swaps, reporting jointly to Frank Berritto, head of high yield trading and Michael Meyer, head of investment grade trading. Lee spent over 11 years at JPMorgan Securities as a credit trader, where he established the crossover trading desk in 2001.

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