08:01 AM EDT, 03/15/2024 (MT Newswires) -- Bank of America ( BAC ) has placed new leadership at the helm of its capital markets business, media outlets reported Thursday, citing internal documents.

Reuters and Bloomberg cited an internal memo saying the company has set up a new advisory group led by Gregg Nabhan, chair of equity capital markets, and Mike Browne, head of North America leveraged finance.

Also, Anand Melvani will become head of Americas leveraged finance, reporting to Chris Munro, global head of leveraged finance, Reuters and Bloomberg reported the memo as saying.

Bank of America ( BAC ) did not immediately reply to MT Newswires' request for comment.

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