FX Veteran, Beat Nussbaumer Parts Ways With BofA after Two Months

Beat Nussbaumer is once again on the move, parting ways with BofA Merrill Lynch despite landing as its Managing Director

All good things must end, even if it’s after just two months. Having recently landed at Bank of America (BofA) Merrill Lynch, veteran foreign exchange (FX) trader Beat Nussbaumer is once again on the move.

Back on March 30, 2015, Mr. Nussbaumer joined BofA Merrill Lynch as its London-based Managing Director of FX.

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Mr. Nussbaumer has been a veteran in the FX industry for over three decades, having worked at a number of leading banks. He joined Commerzbank AG in 2012, where he worked as its Managing Director and Global Head of FX Spot, having been based out of London during the duration of his tenure there.

He also held an executive level role at UniCredit, where he served as the Managing Director, European Head of FX Cash. Additional stops also included Goldman Sachs, Morgan Stanley and Union Bank of Switzerland (UBS) in other FX and trading related roles. It is presently unknown what his immediate plans are for his next role, Finance Magnates will update his role as it develops.

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