Bank of America consumer retail M&A banker Peacock to join JPMorgan, sources say
JPM•JPMorgan Chase is hiring veteran consumer and retail M&A banker Richard Peacock from Bank of America, people familiar with the matter said. Peacock was named co-head of Bank of America’s newly created private capital M&A group earlier this year.
1. JPMorgan hiring
JPMorgan Chase is hiring Richard Peacock, a veteran senior consumer and retail M&A banker, from Bank of America, people familiar with the matter said. Peacock joined Bank of America more than a decade ago and was named co-head of its newly created private capital M&A group earlier this year.
2. Banker departures
Peacock is the latest in a string of managing directors to leave Bank of America. The bank also lost consumer and retail dealmaker Andrew Conway over the summer, when he departed to become Citigroup’s global chair of consumer and retail investment banking. JPMorgan has hired several prominent Bank of America bankers in recent months, while Bank of America says it has hired more than 40 managing directors in its corporate and investment bank this year.
