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Bank of America Folds Fintech Investment Banking Team Into Tech

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By Ryan Gould and Matthew Monks

October 14, 2024 at 11:00 AM UTC

This article is for subscribers only.

Bank of America Corp. has folded its fintech investment banking team into its technology practice, reflecting the industrywide shift in financial services toward software.

The lender is moving about 50 bankers into its roughly 200-strong tech group, according to Kevin Brunner, the bank’s chairman of global M&A and global head of technology, media and telecom investment banking.