Mark Bailey has been appointed head of EMEA for Bank of America Merrill Lynch’s global equity financing and services platform.
Bailey will report to Michael Stewart, co-head of global equities, and Sylvan Chackman, head of global equity financing and services.
Bailey joined the company in 2007, and most recently served as chief operating officer for global equity financing and services. Prior to joining Bank of America Merrill Lynch, Bailey was with Credit Suisse for ten years within the prime services business, and was based in London, Zurich and New York.
Bailey and his family will relocate to London in due course.
Chackman says: "Bank of America Merrill Lynch is a strong, well-capitalised prime broker, and our GEF&S platform is a core component of our regional equity franchise. We will continue to invest in our platform, and Mark will play a leadership role in ensuring that we remain a premier provider of financing solutions to our clients."