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MOVES-BofA appoints insider Brunner as head of TMT investment banking, memo shows
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MOVES-BofA appoints insider Brunner as head of TMT investment banking, memo shows
Jul 23, 2024 11:11 AM

July 23 (Reuters) - Bank of America ( BAC ) has

appointed bank veteran Kevin Brunner as the new head of

technology, media and telecommunications investment banking,

according to a memo seen by Reuters and confirmed by a company

spokesperson.

Brunner, who is replacing Sam Powers, joined Bank of America ( BAC )

back in 1999 and was most recently serving as co-head of global

M&A alongside Ivan Farman, who will continue in the role.

Powers will join Advance, the parent company of Conde Nast,

which owns and invests in a broad range of companies across the

TMT and education sectors.

Bank of America ( BAC ), the second biggest U.S. lender, has had a

rebound in its investment banking activities, which helped the

bank post better-than-expected profit in its recently announced

second-quarter results.

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