Bank of America Continues to Expand Its Technology Banking Team

Odaily Planet Daily News: According to an internal memo, Bank of America has hired two managing directors to further expand its technology business. Asad Mahmood, formerly a managing director at Barclays, will join in the fall, focusing on the semiconductor and quantum computing sectors, and will be based in Palo Alto, California. Gregory Reider will join Bank of America's Brazil technology investment banking team this week, responsible for technology and fintech business in Latin America. The memo shows that Reider was previously a co-founder and managing partner of Volpe Capital, a venture capital firm focused on Latin America. A Bank of America spokesperson confirmed the contents of the memo. (Bloomberg)