Eastern Bank Welcomes Denise LeMay as Head of FX and Derivative Sales

Eastern Bank has announced the appointment of Denise LeMay as Senior Vice President and Head of Foreign Exchange and Derivative Sales within its Commercial Banking division. Ms. LeMay brings over 25 years of expertise in advising corporate clients on managing interest rate risks and designing complex financial strategies using derivative instruments. "We are excited to welcome Denise LeMay to our commercial banking team," stated Greg Buscone, EVP and Chief Commercial Banking Officer at Eastern Bank. "Her role is vital in assisting our business clients to navigate currency and interest rate fluctuations, tailored to both local and international markets." Prior to this role, Ms. LeMay was the Senior Vice President and Treasury Capital Markets Trading Manager at M&T Bank, where she guided clients in using derivatives for risk mitigation, collaborated on hedging strategies, and contributed to the transition from LIBOR to SOFR. She also led the interest rate derivatives program at People’s United Bank, transforming it into a significant revenue stream and serving on the LIBOR Cessation Steering Committee. Her career also includes treasury and trading positions at Webster Bank, Calamos A...