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ETF News

Deutsche Bank hires 12 bankers from Bank of America

NEW YORK, Feb 3 (Reuters) - Deutsche Bank DBKGn.DE has hired a dozen bankers from Bank of America Corp BAC.N, including Eric Heaton, who was previously treasurer at Merrill Lynch & Co.

Heaton joins the German bank in New York as a managing director in the financial institutions group.

Along with 11 other hires in New York, London and Hong Kong, Heaton will report to Jorge Calderon, global head of the financial institutions group at Deutsche Bank.

Bank of America Corp acquired Merrill Lynch on Jan 1.

Reporting by Elinor Comlay

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