Bobby Previti, a former welder who rose to become a Managing Director at Bank of America, is set to join a hedge fund following his departure from the US bank’s London trading desk, according to a report by eFinancial Careers citing market sources.
Previti, who was promoted to MD in early 2024, most recently headed BofA’s London-based sovereign, supranational and agency (SSA) and covered bond trading. He had joined the bank in 2021 from Morgan Stanley. The identity of the hedge fund he is joining has not yet been confirmed.
His exit follows other recent departures from BofA’s London macro trading team, including inflation trader Fabio Brocker, who has moved to BNP Paribas.
Previti’s career path has attracted attention for its unconventional trajectory. Before entering finance, he worked as a welder – a role in which he lost a finger – before studying at Oxford University and the LSE. He became a trader at 31, later describing his journey as “crossing the creek to get water.”
Bank of America declined to comment on his move.
