Barclays has poached a Bank of America director to trade bonds in tech, media, and telecoms, as Wall Street’s battle for credit talent rages on

Barclays has hired a high-grade credit trader from Bank of America to bolster its desk, as demand for fixed-income trading personnel remains red hot.

David Holliday resigned from Bank of America this week, where he was a director in investment-grade credit trading, sources told Insider. He’s joining Barclays later this summer, the sources said, and will report to Dan Krasner, head of US high-grade credit trading.

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Holliday spent eight years at Bank of America and specialized in technology, media, and telecoms companies.

Representatives at Barclays and Bank of America declined to comment.

Credit traders have been in high demand in recent months, and Bank of America and Barclays have each factored into the talent battle.

Barclays lost several senior credit traders last month, including US cohead of credit trading John Cortese to Apollo.

But the firm has been hiring as well. In May Barclays hired managing director Dan Jacobson, a two-decade veteran at Morgan Stanley, to firm up its high-yield trading roster, Bloomberg reported.

Bank of America last week hired senior high-yield bond salesman Matt Quarello from UBS.