Investment Banking

Bank of America equities chief Fab Gallo resigns months after senior shake-up

Gallo will be replaced by Soofian Zuberi who was installed as co-head of the US bank’s stock trading unit, according to a memo

Fabrizio Gallo, the global co-head of equities at Bank of America, is leaving the firm just months after a management shake-up at the top its sales and trading operation.

Gallo, who has led Bank of America’s equities division, has resigned and will be replaced by Soofian Zuberi who was installed as co-head of the US bank’s stock trading unit amid a series of management changes unveiled in late-July, according to an internal memo seen by Financial News.

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