Bank of America Stocks Chief Gallo Considers Leaving After Snub
- Equities head is said to have discussed his potential exit
- He was excluded as bank added his peers to its top committee
Fabrizio Gallo
Source: Bank of America Corp.
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When Bank of America Corp. recently elevated its next class of senior executives, one name was conspicuously absent: Fab Gallo.
Few would have bet against the marathon-running head of the firm’s global equities division, especially after he set a revenue record early this year amid the messiest markets in a generation. Yet after a leaked recording of a conference call thrust Gallo’s blunt communications style into the public, and turbulence emerged in parts of his business, the bank’s bosses left him behind.