Bank of America’s Oil Trading Co-Head Reportedly Departs

Charles Sussman, a Managing Director and Co-Head of Global Oil Trading at Bank of America, has left his post after more than 10 years on the job, according to sources cited by Reuters.

Sussman joined Bank of America’s oil trading unit in March 2011 after a two-year stint as a VP at RBC Capital Markets. Prior to that, he served as an Associate at the now-defunct global financial services firm Lehman Brothers. Sussman is a graduate of Swarthmore College where he double majored in Economics and Engineering.

As Reuters notes, his departure comes at a time of year when Wall Street sees a flurry of staffing changes after 2020 bonuses are handed out.

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