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One of Bank of America's top trading execs is leaving as the bank prepares job cuts

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Kevin Connors, the global head of foreign-exchange sales at Bank of America Merrill Lynch, has left the bank.

A BofA representative confirmed the departure.

Connors, who's based in London, joined Bank of America in 2011 from Goldman Sachs, where he had been a partner and cohead of global forex sales. Before that, he worked at UBS as global head of commodities trading.

The bank has planned significant job cuts across its global banking and markets business. The cuts are likely to be over 5% of staff.

Correction: An earlier version of this story described Kevin Connors as global head of foreign-exchange trading. He is in fact global head of foreign-exchange sales.

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