Bank of America has appointed Patrick Baune as Head of European Sales for its Global Foreign Exchange business. Baune is based in London and spearheads the firm's Foreign Exchange (FX) sales initiatives within Europe. He reports jointly to Alain Delelis, head of Global Spot & Emerging Market Trading and overall head of Europe, Middle East & Africa Foreign Exchange, and Robert Gotelli, global head of Foreign Exchange Sales.
Baune joins Bank of America from Merrill Lynch, where he served as head of European FX Sales for three years. Prior to joining Merrill Lynch, Baune spent eight years with Goldman Sachs in London, serving in various capacities including Co-Head of European FX Sales, Head of Southern European FX Sales Team, and Executive Director FX Sales Team.