Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Hallacy Joining Assured Guaranty After Bank of America Departure

Sept. 25 (Bloomberg) -- John Hallacy, who stepped down as Bank of America Merrill Lynch’s head of municipal research this year, will join bond insurer Assured Guaranty Ltd. as a managing director of public finance, the company said.

“This is an exciting time to join Assured Guaranty,” Hallacy, 58, said in a statement from Hamilton, Bermuda-based Assured. “The benefits of bond insurance are clearer than ever, and its new muni-only bond insurer, Municipal Assurance Corp., is positioned to expand the market.”

Assured was the only company left insuring munis after MBIA Inc. and Ambac Assurance Corp. had their ratings cut during the financial crisis amid losses on guarantees of subprime-mortgage-backed debt.

Link to Company News:{MBI US <Equity> CN <GO>} Link to Company News:{AGO US <Equity> CN <GO>} Link to Company News:{BAC US <Equity> CN <GO>}

To contact the reporter on this story: Brian Chappatta in New York at

To contact the editor responsible for this story: Mark Tannenbaum at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.