Bank of America bolsters middle market coverage with nine senior hires

The new recruits bring decades of specialized experience to key hubs including Austin, Boston, Charlotte, Chicago, Detroit, Minneapolis, New York, San Francisco, and West Palm Beach. Reporting to co-heads of Regional Investment Banking Neil Kell and Samardh Kumar, the team will integrate global banking resources with local market insights to support mid-sized clients. This expansion continues a decade-long push by the firm, which has grown its regional investment banking operations into 26 cities since 2016.

Among the notable additions is Mitch Theiss, who returns to the bank as vice chair in West Palm Beach, and Rick Florjancic, who joins the Chicago office from BMO Capital Markets. The bank currently maintains a network of over 200 bankers focused on this segment, a strategy that has yielded the top investment banking ranking among Global Commercial Banking clients for three consecutive years. By deepening its bench in the Midwest, Southeast, and Southwest, the institution aims to facilitate complex M&A and capital market solutions for businesses that often operate outside the reach of traditional global investment banking services.