Sept 16 (Reuters) - Bank of America ( BAC ) named

co-leaders for the initiative on increased connectivity between

its investment bank and wealth management units, according to an

internal memo seen by Reuters on Monday.

Jim Rourke and Michael Liu are set to lead the initiative

named Private Client Partnership Development, according to the

memo.

The co-heads will be responsible for maximizing

opportunities between the Global Corporate & Investment Banking,

Merrill Wealth Management and Private Bank units.

Investment banking revenues have seen an uptick recently

benefiting from renewed activity in the M&A market.

Rourke and Liu have been with Bank of America ( BAC ) in the U.S.

since 2008 and 2012, respectively.

Rourke, in his most recent role, was in the mergers and

acquisitions group, while Liu has been a part of the emerging

growth and regional coverage unit.