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Wednesday, April 10, 2013

Bank of America names ex-Goldman partner as Europe M&A head, (NYSE: BAC)

Bank of America Merrill Lynch has appointed former Goldman Sachs partner Luigi Rizzo as head of mergers and acquisitions (M&A) for Europe, the Middle East and Africa (EMEA), it said on Wednesday. Rizzo, who will join the bank in August, will be based in London and report to Adrian Mee, head of international M&A.Philip Noblet, currently co-head of the EMEA M&A team since 2010, will become chairman of that division.Rizzo joined Goldman Sachs in 1993 and became a partner in 2008. He worked on some of Europe's biggest bank deals as managing director of European financial M&A.Reuters reported in January that he was set to leave the Wall Street bank.

Bank of America Corporation (Bank of America)is a bank holding company, and a financial holding company. Shares of BAC remained unchanged at $12.25. In the past year, the shares have traded as low as $6.72 and as high as $12.94. On average, 154964000 shares of BAC exchange hands on a given day and today's volume is recorded at 2100.



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