Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Bank of America Corp    BAC

Delayed Quote. Delayed  - 05/27 10:01:09 pm
14.88 USD   +1.22%
04:12a BANK OF AMERICA : Free trade creates local jobs; does it take them a..
05/28 BANK OF AMERICA : New 16-story downtown Berkeley hotel gets go-ahead
05/28 BANK OF AMERICA : 4 men in jail after Greensboro police thwart bank ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

UBS Hires Former BofA Analyst Milunovich To Cover IT Hardware

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 09:25pm CEST
   By Brett Philbin 
   Of  
 

UBS AG (UBS, UBSN.VX) has hired Steven Milunovich, a former Bank of America Corp. (>> Bank of America Corp) analyst, as a managing director and analyst covering information technology hardware in its U.S. research group.

Milunovich, with a 25-year career as an analyst, will report to David Bleustein, head of U.S. equities research. Previously, Milunovich worked at Bank of America Merrill Lynch as an analyst covering alternative energy from 2008 to 2012. Prior to that position, he held titles including technology strategist at Merrill Lynch, which was acquired by Bank of America in 2009. He previously covered International Business Machines Corp. (IBM) and other leading technology companies.

He also worked at firms including Morgan Stanley (MS) and Salomon Brothers, according to Financial Industry Regulatory Authority records.

Milunovich's addition to UBS marks the second recent analyst hire for the firm, which recruited A.J. Rice, a managing director who previously worked at Susquehanna Financial Group, to cover U.S. health-care facilities.

The new hires come as UBS focuses on revamping the investment bank in the region under Chief Executive Robert McCann. Last fall, UBS said it would pare down the unit in the wake of an embarrassing trading scandal, but executives have reaffirmed their commitment to the investment bank, with a primary focus on client and advisory businesses.

News of Milunovich's hire was reported earlier Thursday by Bloomberg News.

-By Brett Philbin, Dow Jones Newswires; 212-416-2173; brett.philbin@dowjones.com

Stocks mentioned in the article : Bank of America Corp
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on BANK OF AMERICA CORP
04:12a BANK OF AMERICA : Free trade creates local jobs; does it take them away too?
05/28 BANK OF AMERICA : New 16-story downtown Berkeley hotel gets go-ahead
05/28 BANK OF AMERICA : 4 men in jail after Greensboro police thwart bank robbery
05/27DJBank of America Revives Sale of Credit-Card Issuer MBNA
05/27 BANK OF AMERICA : $3.3M to help state with foreclosure legal assistance
05/27DJBank of America Relaunches Sale of Credit-Card Issuer MBNA -- Sources
05/27 BANK OF AMERICA : OHS students awarded over $1.5 million in scholarships
05/27 PRESS : Lloyds Preparing Bid For Bank Of America's MBNA- FT
05/27 FORRESTER RESEARCH : Ranks The Top Five US Banks In Its Latest Mobile Banking Be..
05/27 BANK OF AMERICA : New local bank president seeks small business lending opportun..
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials