Former Bank of America Corp. (BAC) executive Jerry Marcus has been hired by UBS AG (UBS), where he will serve the Swiss bank as vice chairman at its Americas investment bank, the New York Times reported Thursday on its website.

Mr. Marcus will join the bank in September, according to an internal memo from the bank. He previously served as head of Bank of America Merrill Lynch's retail investment banking group.

Full story at: http://dealbook.nytimes.com/2014/06/12/ubs-hires-veteran-bank-of-america-executive/?_php=true&_type=blogs&module=BlogPost-Title&version=Blog%20Main&contentCollection=Revolving%20Door&action=Click&pgtype=Blogs&region=Body&_r=0

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