BofA Revamps Wealth Management Product Teams Under Sieg and Knox
- The heads of Merrill and the private bank get expanded roles
- Move comes as bank reports record growth across wealth unit
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Bank of America Corp. revamped leadership across its wealth-management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.
Certain product teams were moved under Sieg and Knox to better align with client needs, the executives said Thursday in an interview. Changes went into effect immediately.