People News: Bank of America, Societe Generale, UBS.

Bank Of America Building

Bank of America has named Julian Mylchreest as the sole head of its global power and energy banking business, days after he advised Royal Dutch Shell on its $70bn acquisition of BG Group.

Bloomberg News reports that Mylchreest is taking the post after Laurie Coben, previously the co-head, decided to leave the firm after 21 years, according to an internal memo obtained by Bloomberg News. 

In the meantime, Bloomberg also reports that Societe Generale is building onto its new U.S. unit for bonds backed by commercial mortgages with an asset-backed securities team to be led by veterans from Royal Bank of Scotland.

The hires include Dan McGarvey and Bob Pucel, according to an e-mail from Jim Galvin, a spokesman.

Finally, Bloomberg reports that UBS has appointed David Slade as global co-head of leveraged finance as Switzerland’s biggest bank continues a spate of top hires, according to people with knowledge of the matter.

Slade, who worked at Nordic private-equity firm EQT Partners, will be based in London, said the people, who asked not to be identified because the talks are private. At UBS, he will lead the leveraged finance business alongside Francisco Pinto and Brendan Dillon, they said. 

BofA Names Mylchreest Global Energy Head After Coben Departs

SocGen Adds RBS Vets for Expansion of U.S. Asset-Backed Unit

UBS Said to Hire David Slade as Co-Head of Leveraged Finance

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