Bank of America Merrill Lynch (BAML) is relying on a familiar face to help steer its US Investment-Grade Bond Syndicate desk, prompting Dan Mead as the Head of the unit with immediate effect, Finance Magnates has learned.
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Mr. Mead steps into his new role as the Head of BAML’s Investment-Grade Bond Syndicate after a twenty-two year tenure with the lender. During this time he has held several senior roles, having most recently served as a managing director. He originally joined the group back in 1994, where he worked mostly in its Fixed Income Syndicate, according to information made public on his Linkedin profile.
In recent months, big banks in the US and Europe have made more waves for outgoing rather than incoming personnel, with BAML being a notable exception to this trend. While a number of its counterparts have let go of thousands of workers across their respective global operations, BAML has to date avoided such an exodus. The appointment of Mr. Mead is the first marquee promotion in June, during a period when hires typically give way to a summer lull.