The formation of Bank of America Corp created the fourth-largest derivatives program among banking companies, but that was just a starting point for managing director William Fall.

Mr. Fall, who heads the company's global derivatives group, is adding people and offices to capture market share in the arcane and profitable business of selling financial hedges to corporate clients. "We're definitely in a growth mode," he said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.