NEW YORK, June 17 (Reuters) - Bank of America's ( BAC ) private

bank hired executives from JPMorgan Chase ( JPM ) and Citigroup ( C/PN ) in an

effort to grow in New York, its largest market, according to

memo seen by Reuters.

BofA added Mary Chan, a former regional managing director at

JPMorgan's ( JPM ) private bank who oversaw its integration of First

Republic. It also hired Chris Petro, who joined from Citigroup ( C/PN ),

where he led its metro New York region.

Both executives will report to Emily Dreas, a senior market

executive at BofA's private bank.

Chan and Petro will join Jeremy Sunshine, another executive

hired from JPMorgan ( JPM ) last fall.

Bank of America's ( BAC ) private bank had $671 billion in client

balances in the first quarter and brought in almost $1 billion

in revenue.