BofA loses top tech banker

by 04 May 2012

Tech banker leaves BofA.

[caption id="attachment_6930" align="alignleft" width="275" caption=" "]Bank of America Halts Mortgage to Fannie Mae[/caption]

FORTUNE -- Johnny Williams has stepped down as a managing director of equity capital markets with Bank of America Merrill Lynch (BAC), where he co-led the firm's technology, media and cleantech practice, Fortune has learned.

Williams had been based out of Palo Alto, originally joining Merrill Lynch's San Francisco office in 2003 to led its institutional equities specialty sales (tech) effort. It sounds like he's planning to take a few months off, and that his decision was unrelated to planned layoffs within BoA's investment banking group. Today is his last day.

Fellow group co-head JD Moriarty is expected to lead the practice solo out of New York, although Matthew Walsh, a New York-based director mostly focused on cleantech and healthcare, will relocate to Palo Alto to help pick up the slack.

Read article from Fortune

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