People News: JPMorgan, Bank of America

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JPMorgan named new co-heads for mergers and acquisitions in North America and Europe as the world’s biggest investment bank boosts its regional focus.

Bloomberg News reports that Anu Aiyengar and Henry Gosebruch will be M&A co-heads for North America and Dirk Albersmeier and David Lomer will oversee Europe, the Middle East and Africa, according to a memo obtained by Bloomberg News.

They will report to Hernan Cristerna and Chris Ventresca, co-heads of global M&A. Albersmeier and Lomer will also report regionally to Vis Raghavan, head of EMEA banking.

In the meantime, Bloomberg also reports that Bank of America’s Harry McMahon, executive vice chairman of the firm’s investment bank and a three-decade veteran of Merrill Lynch, has resigned.

McMahon, 61, intends to pursue opportunities outside of banking including non-profit work in education and health care, according to a February 25 memo from Chief Operating Officer Thomas Montag. 

JPMorgan Names Co-Heads of North American and European M&A

BofA’s Harry McMahon, Three-Decade Merrill Veteran, Resigns

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