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Article: BofA's Krawcheck unveils new management team; Dupuy to add U.S. product distribution, alternative investments to duties.(News)
- Article from:
- Investment News
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mark Bruno and Dan Jamieson
Sallie Krawcheck, head of Bank of America Corp.'s global wealth and investment management unit, last week named a number of top executives to her new management team.
In a memo distributed internally, she said that Lyle LaMothe will continue as head of U.S. wealth management, with responsibility over U.S.-based financial advisers at Merrill Lynch & Co. Inc. and the bank brokerage unit, Banc of America Investment Services Inc. He will relinquish responsibility for the U.S. product distribution group.
That group will be overseen by Chris Dupuy, who will continue to lead the global investment solutions unit, ...