Bank of America Merrill Lynch has hired former Goldman Sachs banking veteran Frank L. Walters to head up its venture coverage group, according to a memo obtained by Reuters.
He will be based in Palo Alto, California and report to Chet Bozdog, global head of technology investment banking.
Zagury, a managing director who joined Merrill Lynch from Goldman Sachs Group Inc. about five years ago, was in charge of creating customized derivatives for Merrill’s so-called ultra high-net worth clients, according to its website. Before Goldman Sachs, he worked for Safra National Bank.
In the meantime, Bloomberg also reports that Mitch Cox, head of wealth management for the Americas at Barclays, is leaving the London-based bank.
Cox resigned to pursue his own interests.
Dobbs, 48, started working at BlueCrest, a London-based hedge fund with $34bn of assets, this month, according to a filing published last week by the U.K.’s Companies House. He traded convertible bonds at a Citigroup hedge fund before joining London-based CQS.
Finally, Bloomberg reports that Eric Bensoussan, European head of equity structuring at UBS in London, has left the bank, according to two people familiar with the departure who asked not to be identified because the information is private.