BofA Equity Capital Markets Co-head Deignan to Depart for Lazard
August 20 2016 - 1:07PM
Dow Jones News
By Maureen Farrell
Mary Ann Deignan, co-head of global equity capital markets at
Bank of America Corp., is leaving the bank to join Lazard,
according to a spokesman for Bank of America.
Ms. Deignan will be part of the Lazard corporate preparedness
team where she will be focused on activist and corporate governance
advisory work.
Craig Coben, who is currently Bank of America's co-head of
global equity capital markets, will become the sole head of the
group.
No other changes at Bank of America are planned at this time,
the spokesman said.
Mr. Coben and Ms. Deignan were named global equity capital
markets co-heads in 2014.
Ms. Deignan's departure comes amid a sharp slowdown in IPO
activity this year, in what's been the lowest-volume year since
2009 during the depths of the financial crisis.
Write to Maureen Farrell at maureen.farrell@wsj.com
(END) Dow Jones Newswires
August 20, 2016 12:52 ET (16:52 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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