Biden promised to turn the page on Trump. Now he's being replaced by him
Firefighters prepare for increasing gusts following brief reprieve for LA area
John Ratcliffe, tapped by Trump to lead the CIA, will face questioning in the Senate
Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ
After cable damage, Taiwan to step up surveillance of flag of convenience ships
BOJ will raise rates if economy, price conditions continue to improve, Ueda says
Manatees congregate in warm waters near power plants as US winter storms graze Florida
AAPI adults prioritize immigration, but split on mass deportations: AP-NORC/AAPI Data poll
As Los Angeles burns, Hollywood's Oscar season turns into a pledge drive
As fires ravage Los Angeles, Tiger Woods isn't sure what will happen with Riviera tournament
Antetokounmpo gets 50th career triple-double as Bucks win 130-115 to end Kings' 7-game win streak
(Reuters) - Bank of America has appointed bank veteran Kevin Brunner as the new head of technology, media and telecommunications investment banking, according to a memo seen by Reuters and confirmed by a company spokesperson.
Brunner, who is replacing Sam Powers, joined Bank of America back in 1999 and was most recently serving as co-head of global M&A alongside Ivan Farman, who will continue in the role.
Powers will join Advance, the parent company of Conde Nast, which owns and invests in a broad range of companies across the TMT and education sectors.
Bank of America, the second biggest U.S. lender, has had a rebound in its investment banking activities, which helped the bank post better-than-expected profit in its recently announced second-quarter results.
(Reporting by Jaiveer Singh Shekhawat in Bengaluru and Saeed Azhar in New York; Editing by Krishna Chandra Eluri)
