Finance

A 25-Year-Old BofA Trader Dies Suddenly at Industry Outing

  • Adnan Deumic worked in the bank’s markets unit in London
  • ‘We are shocked by the sudden loss’ of colleague, bank says

A 25-year-old Bank of America Corp. credit trader died suddenly on Thursday night.

Adnan Deumic, a credit portfolio and algorithmic trader, collapsed of a suspected cardiac arrest playing soccer at an industry event and failed to respond to medical treatment including CPR, according to a person briefed on the matter. He joined the bank on the global markets team in 2022 after participating in the summer analyst program the previous year.