NEW YORK - Bank of America Merrill Lynch today announced that Bryan Weadock will join the company’s Global Markets group as head of Americas Fixed Income Sales in July 2009. Weadock was most recently head of Investor Client Management at JP Morgan Chase & Co. in New York. He will report to Mike Meyer, global head of Sales for the Global Markets platform.
(Logo: www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )
Bank of America Merrill Lynch is a leader in both new issuance and secondary market trading of fixed income products, including corporate bonds, syndicated loans, municipal financing, asset- and mortgage-backed products, rates, currencies and commodities.
“Our combined Bank of America Merrill Lynch platform brings a powerful breadth of fixed income products and services to our clients, demonstrated by our first quarter rankings,” said Tom Montag, president of Global Markets. “Our unparalleled range of products, global liquidity and deep team of talented people enable us to attract some of the best leaders in the industry.”
“Bryan has tremendous leadership skills and his experience in fixed income sales is second to none,” said Meyer. “We look forward to Bryan joining us and having him drive our fixed income sales strategy.”
Mr. Weadock has spent the last 17 years at JP Morgan Chase and prior to his most recent appointment, he was head of North American Fixed Income Sales for four years. Weadock’s other senior sales roles include head of U.S. Credit Sales and head of U.S. High Grade Credit Sales. Weadock joined JP Morgan Chase in 1992 as a bank analyst in credit research.
Bank of America Merrill Lynch is an undisputed leader in fixed income products, having swept the new issuance league tables in the U.S. for the first quarter. The company’s first place rankings include: U.S. high grade corporate bond issuance, U.S. high yield corporate bond issuance, municipal bond issuance, U.S. syndicated loans, U.S. leveraged loans, and USD government guaranteed bond issuance. The company additionally ranked second in U.S. ABS/MBS issuance.(1)
(1) Source: All rankings per Dealogic, except for municipal bond issuance and USD government guaranteed bond issuance, which are Thomson Reuters rankings.
Bank of America Merrill Lynch
Bank of America (NYSE: BAC) is one of the world’s largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services. The company’s corporate, commercial, investment banking, and sales and trading businesses operate under the Bank of America Merrill Lynch brand. Bank of America Merrill Lynch focuses on companies with annual revenues of more than US$2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. It provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, research, and liquidity and payments management. Bank of America Merrill Lynch serves clients in more than 150 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and 88 percent of the Fortune Global 500. Many of the services for corporate and institutional clients are provided by Banc of America Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or other affiliates of Bank of America Corporation. For additional information, visit www.bankofamerica.com.
Source: Bank of America
Louise Hennessy, Bank of America, +1-646-855-1403 louise.hennessy at bankofamerica.com; Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b
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