People Moves

Gene Reilly quits Goldman to head Asian equity trading at Merrill

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The move is designed to make Bank of America Merrill Lynch a leading provider of equity trading to the buy side in Asia; and perhaps to revive its prop trading capability.

Gene Reilly, a respected veteran in Asian equity markets, has resigned from Goldman Sachs and will join Bank of America Merrill Lynch in Hong Kong.

The move represents BAML's push to become a top-tier broker of Asian equities to the buy side, and may signal its return to prop trading in the region as well.

Reilly is credited with building Goldman Sachs's electronic trading franchise in Tokyo and other regional markets. He was one of the drivers behind the ...

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