Three senior investment bankers who advise healthcare companies are the latest legacy
executives to leave
Bank of America
, after the two banks combined at the start of the year.
The Wall Street Journal
, which first reported the move, the bankers include Alan Hartman, head of M&A for the Americas at BofA and an adviser on
$68 billion purchase of
The bankers will join
, a small New York-based advisory firm founded by former executives from
Senior investment bankers change jobs frequently at this time of year, after receiving year-end bonuses. This year, the movement has a different flavor, with lots of executives leaving banks whose pay practices are under great scrutiny due to the fact that they have accepted government funds. Even industry leader
has not been immune to the wave of defections.