Bank of America hires top economist, strategy chief
Bank of America Corp's
Harris joins Banc of America Securities-Merrill Lynch Research from Barclays Plc's
Harris had since 2003 been chief U.S. economist at Lehman Brothers Holdings Inc
Bianco joins from UBS AG
Harris will join Bank of America in September, and Bianco in July. Both will report to Adam Quinton, head of global macro research. Reuters had reported Harris' hiring.
The hirings come as Bank of America integrates Merrill Lynch, which it acquired on January 1. Several top executives had since left, including chief North American economist David Rosenberg, who departed in March for Canadian wealth management company Gluskin Sheff & Associates Inc
On May 11, Kenneth Lewis, Bank of America's chief executive, said on a conference call that we have lost some people that we did not want to lose at Merrill. On the other hand, business is really good.
(Reporting by Jonathan Stempel; Editing by Lisa Von Ahn)
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