BofA Encourages Bankers to Take New Roles Serving Middle Market

Bank of America Corp. is encouraging some bankers to consider new roles serving middle market clients as it seeks to beef up its business in the growing sector to meet client demand.

The firm is looking to expand its emerging growth and regional coverage team, and urging staff to apply for related positions, Matthew Koder, head of global corporate and investment banking, wrote in a memo this week seen by Bloomberg. The EGRC group currently has more than 100 employees in 22 cities.

“Middle market companies represent a key component of the US economy and have also become a ...