Bank of America Corp.’s head of U.S. equity-research sales, Tim Reilly, has left the firm as it pares jobs across the investment bank this week, according to people with knowledge of the matter.
Reilly, a managing director in New York, departed this week as part of the dismissal of about 150 staff, said the people, who asked not to be identified because the moves haven’t been announced publicly. Alan Davies and Hugo Hamilton-Shaw, equity salesmen in London, were among the managing directors who left, the people said.