BofA looks to hold on to London Merrill bankers-CNBC

A senior Bank of America Corp (BAC.N) executive based in New York has made a trip to London to try to persuade former Merrill Lynch & Co top staffers to stay at the recently combined bank, CNBC said on Thursday.

Brian Moynihan, head of investment banking at Bank of America, is hoping to prevent Andrea Orcel, head of the international investment bank, from leaving his team, the cable news channel said.

New York Attorney General Andrew Cuomo is investigating millions of dollars in bonuses paid to Merrill Lynch executives in December, before Bank of America acquired the company.

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- Posted: 2009-03-20 08:57:01

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