Bank of America hires former JPMorgan executive to strengthen private bank, memo says

(Reuters) – Bank of America has hired JPMorgan Chase veteran Mike Marino as the Georgia market executive of its private bank, according to an internal memo seen by Reuters on Friday.

Marino, with over three decades of banking experience, was at JPMorgan since 1999. He was most recently the vice chairman of South Atlantic region at JPMorgan Private Bank, where he oversaw the growth of the ultra high net worth and family office business segments across the region.

He is set to join Bank of America in late-April, the company said.

(Reporting by Prakhar Srivastava in Bengaluru and Saeed Azhar in New York)