BofA launches UK private capital push with Goldman hire

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By David Rothnie
04 May 2021

Bank of America has hired a managing director from Goldman Sachs to help lead a new team in its UK investment banking division that aims to increase the bank’s coverage of private and emerging growth companies.

The bank hired Duncan Stewart to co-head the “cross asset advisory initiative” alongside George Close-Brooks, a managing director in its UK investment banking division.

The initiative is the latest push by a big bank to identify and cover private companies emerging in Europe’s technology sector and match them with providers ...

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