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Bank of America Elevates Co-Heads Amid Trading Growth

11/1/2025

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Summary

Story summary

Bank of America promoted Denis Manelski and Soofian Zuberi to co-heads of global markets.
The move follows 14 consecutive quarters of revenue growth in the trading division and a 9% rise to $5.4 billion in sales and trading revenue in Q3 2025.
An internal Bank of America memo also announced additional leadership changes to boost efficiency and adapt to market volatility.

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Story summary

Bank of America promoted Denis Manelski and Soofian Zuberi to co-heads of global markets.
The move follows 14 consecutive quarters of revenue growth in the trading division and a 9% rise to $5.4 billion in sales and trading revenue in Q3 2025.
An internal Bank of America memo also announced additional leadership changes to boost efficiency and adapt to market volatility.