Bank of AmericaBank of America is angling to improve traction with hedge funds within its private bank, and it promoted an equities managing director to lead the effort.
Kim Stolz, an MD in Senior Relationship Management and former prime brokerage sales exec, is joining the Private Bank as Private Client Advisor. Visit Business Insider's homepage for more storiesBank of America is looking to bolster traction with hedge funds in its private bank, and it has promotedin its markets division with a track record of senior buy-side relationships to lead a new team.
Kim Stolz, a managing director in Senior Relationship Management within the global markets division, will join the private banking group later this month as a Private Client Advisor leading a New York-based team "with a primary focus on expanding our relationships with Hedge Funds," according to an internal memo viewed by Business Insider. She'll report toA Bank of America spokesman confirmed the contents of the memo.
"Since joining the Bank in 2014, Kim has taken on increasing sales and relationship management responsibilities within our institutional business," Geena Mayback, who"Kim's experience and expertise, along with her enterprise mindset, will be a great complement to our team as we bring the breadth of the entire enterprise to our clients within the Private Bank," Mayback added.since joining BofA's markets division six years ago.
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