Gerry Walker Joins Bank of America Merrill Lynch as Co-Head of Americas Credit Sales

NEW YORK, April 12 /PRNewswire/ -- Bank of America Merrill Lynch today announced that Gerry Walker will be joining the company to co-head Americas Credit Sales with Steve Hollender. As co-heads, Hollender and Walker will jointly manage investment grade, structured credit, leveraged and distressed sales in the Americas, reporting to Bryan Weadock, co-head of global fixed income, currencies and commodities sales.

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"Bank of America Merrill Lynch has undoubtedly the best credit franchise in the Americas," said Weadock. "Steve and Gerry will fully leverage the company's market leadership in credit to provide our investor clients with best-in-class products, trading ideas and liquidity." Weadock added that Walker's appointment brings another highly seasoned and talented professional to the team. "Gerry's deep insight into the investment community will be hugely additive to our Sales platform. I'm delighted he'll be joining the team."

Walker will join the company from Deutsche Bank where he worked for more than 10 years in fixed-income sales. He was most recently head of U.S. loans, high yield and distressed sales, and prior to that he was head of global loan sales and trading. Previously he worked at JPMorgan in high yield sales.

Bank of America Merrill Lynch is a long-standing leader in fixed income. The company ended the first quarter of 2010 ranked No. 1 in global high yield, U.S. high yield, investment grade loans, and U.S. leveraged loans, according to Dealogic. The company also ranked No. 2 in U.S. investment grade corporate debt, according to Dealogic data.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 59 million consumer and small business relationships with 6,000 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation.  Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC.  Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which are both registered broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, locally registered entities.  Investment products offered by Investment Banking Affiliates:  Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed

SOURCE Bank of America Merrill Lynch