Merrill Lynch named Bob Johnson as regional managing director of the private banking and investment group.
Johnson was previously managing director of the downtown Houston complex for Merrill Lynch Wealth Management-The Dallas Morning News / Dallas Business Journal
Bank of America Merrill Lynch has announced that it has added a wealth management team from Wells Fargo.
The SMJ wealth management team is made up of Chris Sotus, Mike McCullough and Alex Jarman.
Sotus will operate as a resident director for Merrill Lynch’s Savannah office.
Sotus, McCullough and Jarman join from the Savannah office of Wells Fargo. -Global Banking News
Bank of America Merrill Lynch announced that it has appointed Chris Gammons, the bank’s current head of Asia financial sponsors group, as head of investment banking for South East Asia. He replaces Tan Chong Lee.
In addition to retaining his current position, Gammons will relocate to Singapore from Hong Kong to attend to his new duties. -Global Banking News
Bank of America Merrill Lynch reported that it has named two top positions in its Zurich-based corporate banking and global treasury solutions (GTS) teams.
Patrick Hebert has been named as head of corporate banking for Switzerland. He will report to Manuel Ebner, country executive and CEO of Merrill Lynch Capital Markets, and to Heinz Hilger, head of corporate banking for Germany, Austria and Switzerland.
Hebert has previously been with JP Morgan for nine years in Paris, Frankfurt and Zurich, most recently as a corporate banker covering large Swiss corporate and commodity houses.
Deane Plummer has been named as head of GTS sales for Switzerland. He will report to David Jackson, head of Western European multinational corporate sales for GTS, and to Beate Murray, head of GTS for Germany, Austria and Switzerland.
Plummer will join the bank in September from Alcon Pharmaceuticals, where he was an EMEA treasury manager. -Global Banking News
Bank of America Merrill Lynch has announced that Roberto Correa Barbuti has joined as a senior investment banker.
Barbuti will cover the real estate, consumer and private equity industries.
Joining from Banco Santander, Barbuti was responsible for the firm’s Brazilian brokerage division. -Global Banking News
Bank of America Merrill Lynch announced that Peter Johnson will join the company as managing director and head of global futures and OTC clearing. He is expected to join the company in October.
In this role, Johnson will assume global responsibility for all futures, options and OTC derivatives clearing. He will be based in Chicago and report to Denis Manelski, head of global short rates trading and Stu Hendel, head of global prime brokerage.
Johnson joins the firm from JP Morgan, where he held a variety of senior leadership roles during the last 19 years, including his most recent post as head of global futures, options and OTC clearing. Previously, he served as North American head of futures and options, and head of JP Morgan’s Chicago futures office. -Business Wire
Bank of America Corporation has announced that Bank of America Merrill Lynch has named Jonathan Bewes as head of investment banking.
Bewes will join as a senior managing director of its investment banking team in the UK. He previously worked with UBS AG. -Global Banking News
Bank of America Merrill Lynch made four appointments to its EMEA global markets financing and futures business.
Daniel Katz has been appointed as managing director and head of EMEA stock loan and structured marketing. Katz joins the company from Nomura where he was managing director and head of EMEA structured financing and delta one sales. Prior to Nomura, he spent 10 years at Morgan Stanley where he was a senior member of the structured equity finance sales and marketing team.
Ross McDougall has been appointed as a director and head of EMEA stock loan trading. Based in London, he will oversee the sourcing and facilitation of stock distribution and the ongoing development of client relationships. With over 17 years of experience, McDougall joins Bank from Morgan Stanley where he was executive director of financing arbitrage.
Both Katz and McDougall will report into Rajeev Patel, head of EMEA equity finance.
Martin Donnelly has joined from Credit Suisse as a director and European head of hedge fund consulting. He reports to James Lamont, head of the EMEA hedge funds sales team.
Simon Key has joined from Credit Suisse as a director within the synthetic equity sales team. He reports to James Orme-Smith, head of the EMEA GMF&F synthetic equity sales team. -Hedgeweek
Bank of America Merrill Lynch announced that Andy Sieg, the head of retirement services at the bank, will take on the additional responsibility as the head of global investment solutions. He assumes the expanded role and responsibilites from Kunal Kamlani.
Sieg has been long-time assistant of Merrill Lynch head Sallie Krawcheck. -Global Banking News
Bank of America Merrill Lynch announced that Mary Ann Deignan will rejoin the company as managing director and head of Americas equity capital markets.
Deignan, who is expected to begin in August, will be responsible for equity and equity-linked capital markets, syndicate and corporate equity derivative activities in the region. She will be based in New York and report to Dan Cummings, head of global equity capital markets.
Prior to joining the company, Deignan spent seven years at UBS where she served as head of Americas equity capital markets since 2007. Before that, she spent 11 years at Merrill Lynch where she had roles in equity capital markets, syndicate and institutional sales. She began her career in leveraged finance at Bankers Trust. -Business Wire
Bank of America Merrill Lynch has announced the appointment of Murray Stewart as managing director of corporate broking and equity capital markets in southern Africa.
Marius Strydom and Andrew Snowdowne were named as directors of the firm’s southern African equity research team.
Phil Southwell has appointed as country executive for the bank’s Middle East and North Africa (MENA) region, which includes the United Arab Emirates, Saudi Arabia, Lebanon and Bahrain, starting July 1. He will also join the emerging markets (ex-Asia) executive committee.
Southwell has previously worked with regional investment bank EFG-Hermes Holding, where he was chief executive officer for the Gulf Cooperation Council region, since July 2009. -Global Banking News
Bank of America Merrill Lynch announced that Fabrizio Gallo is joining the company as co-head of global equities and EMEA global markets. He will be based in London and join the company in late summer.
Gallo joins Mike Stewart as co-head of global equities, with joint responsibility for all aspects of the company’s equity sales and trading businesses worldwide. He will report to Tom Montag, president of global banking and markets. In addition, he will become co-head of EMEA global markets alongside David Gu, head of global rates and currencies, providing seamless leadership across all asset classes within EMEA sales and trading business. He will join the company’s global markets executive committee and the Europe executive committee.
Gallo joins from Brevan Howard Asset Management where he served as a partner and head of equities since 2009. Before that, he was head of global equities and global proprietary trading at Morgan Stanley, where he spent 15 years at that company in a variety of equity and equity derivative trading leadership positions in New York, London and Hong Kong.
Bank of America Merrill Lynch has named Ryan Holsheimer as head of Asia Pacific equity execution services.
In his new role based in Hong Kong, Holsheimer would be responsible for sales trading across shares, futures and electronic trading. He would report to Gene Reilly, head of Asia Pacific equity trading and execution at Bank of America Merrill Lynch.
Holsheimer was previously head of pan-Asian execution services at Goldman Sachs Group, and before that at Merrill Lynch until 2001. -Global Banking News
Bank of America Merrill Lynch has named a new head of its Canadian operations. Adam Howard, a veteran of JP Morgan, was appointed president and country head. He will join the bank this summer.
Howard will report to Jonathan Moulds, president, Europe and Canada.
Howard has spent more than half his career in Canada. He also worked in Asia, Europe and the United States. -Times Colonist (Victoria, British Columbia)
Sam Tabar has joined Bank of America Merrill Lynch as director and head of Asia Pacific capital introduction. He will be based in Hong Kong.
Tabar joins from PMA Investment Advisors in Hong Kong where he co-headed the asset raising team and developed asset raising strategies and product development. -Infovest21 News
Bank of America Merrill Lynch has appointed Fernando Vicario as head of the bank’s newly created division of corporate banking for emerging markets (ex-Asia), effective immediately.
Vicario will report to Andrea Orcel, executive chairman, global banking and markets and president of emerging markets (ex-Asia), and to Joel Van Dusel, global head of corporate banking coverage.
Vicario has been with Bank of America Merrill since 1995. -Business News Americas – English
Bank of America Merrill Lynch has named Bob Elfring as the new head of its investment banking for Benelux and Northern Europe.
In his new role, Elfring will be based in Amsterdam and report to Christian Meissner, head of EMEA investment banking.
Elfring has most recently served as head of investment banking for Northern Europe at Credit Suisse AG. -Global Banking News
Bank of America Merrill Lynch announced that Stuart Hendel will join the company as managing director and head of global prime brokerage.
In this role, Hendel will be responsible for leading the continued expansion of the company’s prime brokerage businesses on a global basis.
Hendel, who is expected to join the company in June, will be based in New York and report to Tom Patrick and Mike Stewart, co-heads of global equities. -Business Wire
Bank of America Merrill Lynch announced that Matthew Koder will join the firm in the Summer as head of global corporate and investment banking for Asia Pacific.
Koder will report to Brian Brille, president of Asia Pacific, and will become a member of the global corporate and investment banking operating committee.
Most recently, Koder has worked with UBS for eight years as head of global capital markets based in both London and Hong Kong.
Bank of America Merrill Lynch announced that Jeff McLane has been named president of Bank of America Business Capital.
McLane leads a team responsible for asset-based loan origination, underwriting and portfolio management with clients in the U.S., Canada, Asia and Europe.
McLane most recently was head of asset-based capital markets for Bank of America Merrill Lynch, and has been with the company and predecessor institutions for 15 years. He is based in New York and reports to Laura Whitley, middle market banking executive in global commercial banking. -Business Wire
Bank of America Merrill Lynch also announced the appointment of Jeremy Harrison as senior vice president and senior business development officer of Bank of America Business Capital.
Harrison has more than 20 years of marketing and credit experience in asset-based lending and will help grow loans and build relationships with referral sources in the UK and certain areas of continental Europe. He will be based in London and report to Joseph Powers, BABC business development manager for the East division and Europe, the Middle East and Africa.
Harrison most recently served as the manager of US-based ABL operations at Lloyds Banking Group. Before that, he worked at GE Capital and GMAC. -Datamonitor NewsWire
BofA Merrill Lynch announced that Tim Johnston will be joining the firm as head of equity capital markets for Canada. Johnston joins from RBC Capital Markets, where he worked for the past 20 years in Toronto and New York in senior ECM and investment banking positions. Johnston will report to regional management in Toronto as well as to Frank Maturo and Peter Chapman, New York-based co-heads of Americas ECM.
In his new role, Johnston will be responsible for the delivery of equity capital markets products to the firm’s corporate client base. He will work across industry groups and with ECM team members globally to drive BofA Merrill’s position in the new issue markets in Canada. -Business Wire
Bank of America Merrill Lynch announced the appointment of Mark Rosen as head of Latin America investment banking, ex-Brazil.
In his new role Rosen will be responsible for the investment banking franchise across all regions that make up Latin America outside of Brazil. He will report to Andrea Orcel, executive chairman of global banking and markets, as well as Michael Rubinoff and Purna Saggurti, heads of global investment banking.
Prior to joining the company, Rosen spent 12 years at Credit Suisse, where he was the head of Latin American and Caribbean financial institutions investment banking. -Business Wire
BofA Merrill Lynch announced that Tito Vidaurri will be joining the firm as country executive of Mexico. He will be based in Mexico City and will replace Orlando Loera, the current head of the bank’s Mexican business.
Vidaurri, due to join BofA Merrill in April, will report directly to Andrea Orcel, executive chairman of global banking and markets, and will join the emerging markets (ex-Asia) executive committee, of which Orcel is president.
Vidaurri joins from Deutsche Bank where he was chief country officer, chairman of the board and chief executive officer of Deutsche Bank’s Mexican commercial banking and brokerage businesses. -Business Wire
Bank of America Merrill announced that Bob Burke and Gonzalo Chocano have been named co-heads of the newly formulated global futures and derivatives clearing services (GFDCS) group, which will operate as part of Bank of America Merrill’s global markets financing and futures platform (GMF&F), which includes prime brokerage and services.
Burke and Chocano will report to Denis Manelski and Syl Chackman, co-heads of GMF&F. -Business Wire
Bank of America Corporation announced that it has appointed Tim Watson as managing director and head of Bank of America Merrill Lynch.
In the new role, Watson would be responsible for covering the firm’s Canadian corporate clients in the energy and power sector and building the business. He would coordinate closely with global industry and product coverage teams and Bank of America Merrill’s corporate banking group. He will report jointly to Scott Van Bergh, managing director and head of energy investment banking in the Americas, and Dan Mida, managing director and head of investment banking in Canada.
Watson joins Bank of America Merrill from CIBC World Markets in Calgary where he was managing director, energy from 1990 to 2007. -RTTNews
Michael Benz has joined Bank of America Merrill Lynch where he was appointed as its new Asia-Pacific head of wealth management. Benz joins from UBS.
Bank of America Merrill Lynch appointed Marcos Buscaglia as the new chief economist for Latin America in its global research team. He will begin in September and be based in New York.
Buscaglia comes from Citigroup where he was also chief economist for Latin America. -Business News Americas – English
Bank of America Merrill Lynch has appointed Sascha Prinz as a managing director of US swaps and treasuries outside the Americas.
Prinz, who is set to join the bank in London in early August, will report to Chris Hodson, the global head of dollar swaps trading and Luke Halestrap, head of EMEA rates and local currency trading.
Prinz joins from Mitsubishi UFJ Securities International where he had held the position of head of rates since May 2009.
Bank of America Merrill Lynch announced that Steven Kenny has been promoted to commercial real estate banking (CREB) region executive for the states of New York and New Jersey.
In his new role, Kenny is responsible for leading a team of real estate professionals who deliver a full range of comprehensive financial solutions for a broad array of clients, including the real estate development and investment sector. His team operates out of offices in New York City and Cranford, New Jersey. Kenny will continue to be based in New York.
Kenny most recently served as the senior client manager for CREB covering the Metropolitan New York Region. -Business Wire
Bank of America Merrill Lynch announced the appointment of David Oman as chief risk officer for Europe, the Middle East and Africa (EMEA) effective early October, 2010.
Based in London, Oman will report to Marisa Harney, head of international risk strategy development. He replaces current EMEA CRO, Price Sloan, who will relocate from London to New York to assume the role of international operational risk executive.
Working alongside EMEA leadership, Oman will be responsible for leading the company’s risk strategy in the region. He will also act as the main liaison with the financial services authority and other regional regulators, and will sit on the EMEA executive committee. Additionally, he will oversee counterparty risk and will report to Bruce Thompson, CRO at Bank of America, in this capacity. -Business Wire
Bank of America Merrill Lynch announced the expansion of its clean technology investment banking team with the addition of Jon Krahulik as managing director and global head of clean technology investment banking and Riaz Ladhabhoy as director, clean technology investment banking.
Krahulik and Ladhabhoy will join the firm’s Palo Alto, Calif. office in July and June respectively reporting to Chet Bozdog, global head of technology corporate and investment banking. They will be responsible for growing the firm’s coverage of companies across the clean tech sector globally.
Krahulik will join BAML from Deutsche Bank, where he served for four years, most recently leading clean tech investment banking. Earlier in his career, he spent seven years in the global technology group at Lehman Brothers, most recently as a senior vice president.
Ladhabhoy also will join from Deutsche Bank, where he spent more than five years in the technology investment banking group, most recently as a director. Previously, he spent four years as an associate at Cooley Godward. -PR Newswire
Bank of America Merrill Lynch announced that Robert Arth has been named president of Bank of America Business Capital, based in New York.
Arth’s prior role was the BABC East Division executive. He has more than 29 years’ experience in the banking industry and joined Bank of America with the Fleet Bank merger. He had joined Fleet Capital in January 2003, where he held an executive vice president and group manager position while managing their Mid-Atlantic Region.
Bank of America also announced that it has named Bruce MacKenzie to head European high-yield capital markets. He will join as a managing director in July and report to David Ross, head of European leveraged finance.
MacKenzie was a part of Deutsche Bank’s London-based debt unit.
Bank of America Merrill Lynch selected global corporate and investment banking executive Paul M. Donofrio to lead the company’s global corporate banking business.
Donofrio, who is based in London, will to report to Tom Montag, president of global banking and markets.
Bank of America Merrill Lynch has appointed UBS AG’s Raj Melwani as its Asia-Pacific head of equity derivatives sales.
In his new role, Melwani will be responsible for reshaping the bank’s derivatives distribution capabilities across the region as well as offshore in Europe, the Middle East, Africa and the Americas.
Melwani, a managing director, will be based in Hong Kong and report to Richard Boseley as part of the equity team, and also into the multi strategy sales team led by Sowen Ng and Nicholas Tye in Asia excluding Japan, and Hiroyuki Uchiyama for Japan.
Melwani spent eight years at UBS, most recently as the bank’s head of equity risk management product sales.
Bank of America Merrill Lynch and Bank of America announced that Christian Meissner has been appointed as head of investment banking for Europe, Middle East and Africa (EMEA).
Meissner will report to Michael Rubinoff and Purna Saggurti, co-heads of global investment banking, and drive the growth of the investment banking franchise across EMEA. He will sit on the global corporate & investment banking operating committee chaired by Tom Montag, president of global banking & markets, and also the relevant regional operating committees. Based in London, he will join the bank in July 2010.
Meissner joins from Nomura Holdings where he has been deputy global head of investment banking, based in London, since Nomura’s acquisition of certain Lehman Brothers businesses in October 2008. He spent the previous five years at Lehman Brothers, serving most recently as co-chief executive officer for Europe and the Middle East. This followed ten years at Goldman Sachs, culminating in his role as partner and co-head of European equity capital markets.
Bank of America Merrill Lynch also announced that Jonathan Shiff will join as head of Americas corporate derivatives and foreign exchange in support of continuing the company’s leadership in these risk management products.
Shiff will be based in New York and is expected to join the company in July 2010. He will report jointly to Bryan Weadock, co-head of global fixed income, currencies and commodities sales, and to Alastair Borthwick and Lisa Carnoy, the heads of global capital markets. -PR Newswire
Bank of America Merrill Lynch announced that C. John Mostofi has been named Midwest Region executive for global commercial banking. He will be based in Chicago.
Mostofi succeeds Eugene (Gene) Godbold, who will continue to lead commercial real estate banking.
Mostofi has more than 20 years of commercial lending experience and began his banking career at LaSalle Bank, N.A. in 1989. In his most recent position, he served as West Division president of Bank of America Business Capital, where he was responsible for asset-based loan origination, underwriting and relationship management for the geographic region extending from Chicago to California, and from Canada to Texas. -PR Newswire
Bank of America Merrill Lynch announced that Robert Glassman has rejoined the firm as managing director, global healthcare corporate and investment banking. He reports to Joseph Kohls, head of Americas healthcare corporate and investment banking.
Prior to rejoining the company, Dr. Glassman spent a year as a private equity partner at Orbimed Advisors. -PR Newswire
Bank of America Merrill Lynch announced that Gerry Walker will be joining the company to co-head Americas credit sales with Steve Hollender.
As co-heads, Hollender and Walker will jointly manage investment grade, structured credit, leveraged and distressed sales in the Americas, reporting to Bryan Weadock, co-head of global fixed income, currencies and commodities sales.
Walker will join the company from Deutsche Bank, where he worked for more than 10 years in fixed-income sales. He was most recently head of U.S. loans, high yield and distressed sales, and prior to that he was head of global loan sales and trading. Previously he worked at JPMorgan in high yield sales. -PR Newswire
Bank of America Merrill Lynch announced a series of new appointments to its corporate banking platform around the world.
Wayne Scott, head of EMEA financial institutions treasury sales, joined the company in January 2010 and is based in London. Reporting to Dub Newman, , head of global treasury sales, he is responsible for growing the firm’s relationships and market share with EMEA-based bank and non-bank financial institutions. Scott was most recently head of financial institutions for Western Europe at RBS and possesses substantial technical knowledge of global cash management and payments.
Denise Menelly will join in May 2010 as chief operating officer, global treasury sales. Located in New York, she will be responsible for global treasury sales strategy and development including implementing sales performance processes globally to capture market share and deepen client relationships. In addition, she will focus on capturing competitive knowledge across corporate banking industries and regions. She will report to Dub Newman. Menelly will join from Royal Bank of Scotland (RBS), where she has been the Americas chief operating officer and a vice chairman at Citizens Bank.
Charles Alexander will join the firm in June 2010 as head of Asia Pacific corporate banking coverage, reporting globally to Joel Van Dusen, global head of corporate banking coverage and regionally to Brian Brille, president, Asia Pacific. Alexander will join the bank in Hong Kong from Standard Chartered, where for the past two years he has been regional head of origination and client coverage for North East Asia.
Tim Fleming will join in May 2010 as head of Asia Pacific corporate treasury sales, also reporting to Dub Newman. Fleming will be located in Hong Kong to spearhead the firm’s provision of treasury services to large corporate and multi-national firms in the Asia Pacific region. Fleming will join from Citibank, where he has spent the last 18 years, most recently as head of treasury and trade solutions sales in China.
Percy Batliwalla will join in May 2010 as head of Asia Pacific financial institutions treasury sales. He will be based in Singapore reporting to Dub Newman. A career banker with a wide breadth of banking experience including roles in corporate banking, corporate finance, structured trade and corporate audit, Batliwalla will be responsible for growing the firm’s market share in providing treasury services to Asia Pacific-based bank and non-bank financial institutions. He will join from JP Morgan where he spent six years, most recently as the head of financial institutions, treasury Services sales Asia Pacific.
Bank of America Merrill Lynch has also made four appointments to its Australian merger and acquisition advisory and corporate finance divisions.
Leon Pasternak has joined the company as vice chairman. Pasternak was formerly a senior partner at Australian-based international law firm Freehills.
Adam Penny has joined the company as a director on the merger and acquisitions team. Penny, who was most recently working for a London legal firm, was previously with Credit Suisse’s London M&A team for seven years.
Additionally, Michael Gregory has joined as a director on the industrials team and David Wenkart has joined as a vice president on the financial sponsors team.
Bank of America Merrill Lynch has named Alane Siem as director of the Atlanta Buckhead complex of global wealth management.
Bank of America Merrill Lynch announced that Charles Alexander has joined to be its head of Asia Pacific corporate banking coverage.
Alexander, who will continue to be based in Hong Kong, was regional head of origination and client coverage for North East Asia at Standard Chartered. He was also previously head of corporate finance for Asia excluding Japan at Lehman Brothers Holdings.
Bank of America Merrill also appointed Percy Batliwalla head of Asia Pacific financial institutions treasury sales.
Batliwalla will be based in Singapore and joins from J.P. Morgan Chase where he was most recently the head of financial institutions treasury services sales Asia Pacific.
Tim Fleming will also join in May as head of Asia Pacific corporate treasury sales, based in Hong Kong.
Fleming was most recently head of treasury and trade solutions sales in China at Citibank, the consumer banking arm of Citigroup.
Other recent appointments include Denise Menelly, chief operating officer, global treasury sales, based in New York, and Wayne Scott, head of EMEA financial institutions treasury sales based in London.
Menelly joins from Royal Bank of Scotland, where she has been the Americas chief operating officer and a vice chairman at Citizens Bank.
Scott was previously head of financial institutions for Western Europe at RBS.
