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Movers & shakers: Aug. 20, 2014

Aug 19, 2014 - The Deal Pipeline
Board and Executive Moves

Thomas Montag was named sole chief operating officer at Bank of America Merrill Lynch. Former co-COO David C. Darnell will move to Tampa, Fla., with his family from Charlotte, N.C., as a vice chairman, leading global wealth and investment management and business banking. Montag will continue to run investment banking and capital markets.

Montag, seen as a possible successor to CEO Brian Moynihan, became co-COO in September 2011 after serving as president of global banking and markets. He j...