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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Lyle LaMothe

Bank of America chooses John Thiel to head up Merrill Lynch brokerage operation

Posted by RJ and Makay on Apr 29, 2011
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John ThielJohn Thiel has been chosen to lead Bank of America’s Merrill Lynch brokerage operation.  BofA wealth management division president Sallie Krawcheck picked Thiel to replace former Merrill executive Lyle LaMothe, who announced March 4 that he is retiring to pursue personal interests.

Merrill to expand new-broker training in 2011

Posted by RJ and Makay on Nov 04, 2010
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Bank of America Merrill-Lynch-is-hiring-brokers-300x296Merrill Lynch expects to hire 1,600 broker-trainees this year and possibly more in 2011, according to an article recently posted UK.Reuters.com.

Lyle LaMothe, head of U.S. wealth management at Merrill Lynch, said Wednesday that the No. 2 U.S. brokerage has already added 1,500 trainees this year and plans to add another 100 before the end of 2010.