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Bank of America expands middle-market push with nine senior hires

Bank of America is aggressively scaling its regional investment banking operations, recruiting nine senior hires across the United States to capture rising demand from middle-market firms. This expansion reinforces a dedicated team of over 200 bankers already operating in 26 cities, signaling a push to deepen local market penetration.

Bank of America expands middle-market push with nine senior hires

The new appointments span key financial hubs including Austin, Boston, Charlotte, Chicago, Detroit, Minneapolis, New York, San Francisco, and West Palm Beach. According to Mike Joo, co-head of global investment banking at the lender, these mid-sized companies remain central to U.S. economic growth, presenting a strategic opportunity for the bank to provide advisory and capital support. The firm has maintained its top-tier ranking among global commercial banking clients for three years running, and these hires are intended to further increase its market share.

The incoming group includes seasoned veterans from competing firms. Bob Berry arrives from Rothschild in Boston, while Matt Dalton joins from Lazard to cover the Midwest. Rick Florjancic moves from BMO Capital Markets to lead the Chicago office, joined by Ian Mackay from BlackArch Partners in Charlotte and Bo Brown from BMO in New York. The roster also features Joe Park in Detroit, Mitch Theiss in West Palm Beach, Daniel Webb in Austin, and Joe Winters, who joins the San Francisco team from JPMorgan.

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