Bank of America Merrill Lynch (BAC) announced Thursday that John Thiel will step down from his post and become vice chairman of Global Wealth and Investment Management (GWIM) at the start of next year.
Thiel is currently the head of Merrill Lynch Wealth Management. Andy Sieg, who heads the company's Global Wealth and Retirement Solutions division now, will take over for Thiel.
CNBC just tweeted that Bank of America Merrill Lynch is selling its wealth management business outside the U.S., via a Reuters report. The bank is taking bids until the end of the week. BofA also reports its first quarter earnings t...
The BofA Merrill Lynch global M&A head, Jeff Kaplan, is said to be joining David Tepper's Appaloosa as COO. This is also an interesting move because Tepper is hugely invested in Bank of America. So now we have more reason than ever ...
Bank of America is filling one vacancy, amid the exodus of Merrill Lynch bankers. BofA has promoted Chris Dupuy, a 24-year Merrill veteran, to head its Global Wealth Mangement Division.
Financial advisers at Bank of America's Merrill Lynch are pleased with the promotion of John Thiel to head the U.S. wealth management business. After all, Thiel started out as one of them.