Bank of America Corp. hired Ray Wood from Credit Suisse Group AG to head its U.S. power and energy investment banking group, according to a company memo.
Wood will report to Laurie Coben and Julian Mylchreest, global co-heads for energy and power, the two said in an internal memo obtained by Bloomberg News. Wood held the same position at Credit Suisse.
John Yiannacopoulos, a spokesman at Bank of America, confirmed the contents of the memo. The Wall Street Journal reported the hirings earlier.
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