Bank of America Corporation Makes UBS Pickup

Bank of America Corporation (NYSE:BAC) has hired a veteran UBS banker.

Bank of America Corporation Makes UBS Pickup

It has been reported that Bank of America Corporation (NYSE:BAC) Merrill Lynch, the corporate and investment banking division of Bank of America Corporation (NYSE:BAC), has appointed Alex Wilmot-Sitwell, former senior UBS investment banker, as the president of businesses across Europe and emerging markets excluding Asia, with business lines including wealth management.

Bank of America Corporation (NYSE:BAC) and UBS AG are currently battling for star bankers and retooling their investment-banking operations.

Bank of America Corp. (NYSE:BAC) shares are currently standing at 8.27.

Price History
Last Price: 8.27
52 Week Low / High: 4.92 / 12.71
50 Day Moving Average: 8.72
6 Month Price Change %: 14.5%
12 Month Price Change %: -32.9%