Bank of America has recruited a former HSBC trader who briefly left the banking sector for a role with hedge fund Taula Capital, marking a further example of talent circulation between traditional fixed income trading desks and alt investment firms, according to a report by eFinancial Careers.
Samuele Grosso has joined Bank of America’s Paris office, where he will work in European government bond trading alongside Blaise Prevoteau, the former HSBC co-head of European debt trading who moved to the US bank earlier this year.
Prevoteau, who spent more than two decades at HSBC before joining Bank of America, has been actively building out his team in Paris. Grosso previously worked with Prevoteau during a short stint at HSBC before leaving for Taula Capital in Milan, where he spent around two years.
His return to banking follows a relatively brief period in hedge fund trading, highlighting the ongoing movement of junior and mid-level traders between hedge funds and investment banks across European fixed income markets.
At Taula Capital, Grosso worked alongside experienced market professionals including former Citi managing director Matteo Sardeo, gaining exposure to hedge fund trading strategies before rejoining the sell side.
The latest hire reinforces Bank of America’s continued expansion of its European government bond trading capabilities in Paris, a key hub for euro-denominated fixed income markets. It also reflects broader competition among banks to attract experienced traders with both hedge fund and institutional trading backgrounds.
Neither Bank of America nor Taula Capital reportedly commented on the move.
