Aug 18 Thomas Montag will become Bank of America
Corp's sole chief operating officer as co-COO David
Darnell takes a new title after asking to relocate to Florida,
Darnell will serve as vice chairman and continue to oversee
global wealth and investment management and business banking,
Chief Executive Brian Moynihan wrote in a memo to employees, the
report said. (bloom.bg/1tbIQhE)
Montag will continue to head the investment banking and
capital markets businesses, the Bloomberg report said.
Bank of America could not be immediately reached for comment
outside regular U.S. business hours.
(Reporting by Supriya Kurane in Bangalore; Editing by Gopakumar