Key facts
- Bank of America has hired nine senior investment bankers to expand its regional presence.
- The hires are intended to capture growing demand from middle-market companies.
- The new bankers will be based in nine different U.S. cities.
- This expansion builds on a team of over 200 bankers already serving middle-market clients.
- Bank of America maintained its top investment banking ranking for global commercial banking clients.
Bank of America announced on Monday that it has hired nine senior investment bankers across the United States to expand its regional investment banking operations. The move is aimed at capitalizing on the growing demand from middle-market companies.
The newly hired bankers will be based in Austin, Boston, Charlotte, Chicago, Detroit, Minneapolis, New York, San Francisco, and West Palm Beach. This expansion builds upon Bank of America's existing team of over 200 bankers who serve middle-market clients in 26 cities.
Mike Joo, co-head of BofA's Global Investment Banking, stated that middle-market companies are crucial for U.S. business and economic growth, and the bank sees significant opportunities to support their expansion and investment goals. The bank also highlighted its continued top ranking in investment banking among global commercial banking clients and its year-over-year market share growth.
Among the new hires are Bob Berry (joining from Rothschild), Matt Dalton (from Lazard), Rick Florjancic (from BMO Capital Markets), Ian Mackay (from BlackArch Partners), Joe Park (previously with Princeton NuEnergy and SK Group), Mitch Theiss (rejoining from Seabrook Partners), Daniel Webb (expanding coverage in Texas and the Southwest), Joe Winters (from JPMorgan), and Bo Brown (from BMO Capital Markets).