The U.S. bank is expanding in Switzerland by recruiting an investment banking veteran from Rothschild & Co.
Bank of America is hiring Vincent Thiebaud as head of its investment banking activities in Switzerland, effective mid-year, it said in an emailed statement. Thiebaud is a veteran dealmaker who has spent the past four years building a Swiss corporate finance arm at Rothschild & Co.
Thiebaud, a familiar face on the Swiss deal scene from stints with J.P. Morgan as well as Credit Suisse, is to push Swiss strategy and growth forward for the Charlotte, NC-based bank. He will be joined by Brooke Wachtel (pictured below), who Bofa is naming its head of corporate banking for Switzerland.
Corporate Banking Move
Wachtel, currently based in Stockholm as part Bofa's corporate banking management for Europe, the Middle East, and Africa, will move to Zurich in coming months. She will report to Kristijan Krstic, the bank's head of corporate banking in German-speaking Europe.
