On Air Now

Listen

Listen Live Now » 92.9 FM Lansing, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
65° Feels Like: 65°
Wind: NNW 3 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Thunderstorms 63°

Tonight

Partly Cloudy 43°

Tomorrow

Sunny 63°

BofA's Montag becomes sole COO as co-COO relocates: Bloomberg

(Reuters) - 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, Bloomberg reported.

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. (http://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 Warrier)

Comments