Bank of America Merrill Lynch has hired a longtime deal specialist in the consumer and retail industries to join its mergers practice.
The New York Times reports that the firm said in an internal memorandum on Monday that it had hired Richard Peacock from Goldman Sachs to focus on the two industries. He will serve as a managing director and be based in New York when he joins in October.
In the meantime, Reuters reports that Citigroup has hired two investment bankers specializing in mergers and acquisitions in the technology sector who will be joining from Deutsche Bank, according to people familiar with the matter.
Steve Pettigrew and Samardh Kumar, two managing directors based in San Francisco, will join Citi later this year, the people said, asking not to be named because the news was not public.