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People: BAML appoints co-heads of global Ficc trading

BAML appoints James DeMare and Bernard Mensah as co-heads of global Ficc trading; US Treasury creates new CRO role; UBS names its new head of global equity derivatives; Eric Litvack succeeds Stephen O'Connor to become chairman of Isda

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Bank of America Merrill Lynch (BAML) has named James DeMare and Bernard Mensah as co-head of global fixed income, currencies and commodities (Ficc) trading. The duo, who both report to Tom Montag, chief operating officer, replace David Sobotka, who is retiring.

DeMare, based in New York, joined the bank in 2008, and moves from his role as head of global securitised products and real estate portfolio management. London-based Mensah has been promoted from his role as head of Ficc trading for

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