Bank of America Corporation (NYSE:BAC) Merrill Lynch has hired an ex-Goldman Sachs partner.

Bank of America Corporation (NYSE:BAC) Picks Up Former Sachs Exec

Bloomberg has reported that Bank of America Corporation (NYSE:BAC)’s Merrill Lynch unit has recruited former Goldman Sachs Group Inc. partner Ravi Sinha to help expand its business.

Sinha, who retired from Goldman Sachs, will join the company as an executive vice chairman of the global corporate and investment-banking unit.

Tom Montag, the co-chief operating officer who runs Bank of America Corporation (NYSE:BAC)’s corporate and institutional client businesses, said that, “Ravi is widely respected as a top-notch investment banker by both clients and competitors. He has extensive experience across multiple industries, geographies and products and has been a senior adviser to a number of CEOs and boards of directors”.

Bank of America Corp. (NYSE:BAC) shares are currently standing at 7.85.

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