Bank of America extends corporate team in Europe

Bank of America has announced the addition of Mark Oldcorn to its financial institutions group (FIG) for corporate and investment banking (CIB) in Europe. Oldcorn is appointed managing director and joins from Goldman Sachs where he was executive director in the European insurance debt capital markets team. Alberto Piedra, head of Bank of America's FIG CIB group for Europe, says: "Mark's appointment reaffirms the bank's commitment to Europe through the growth of its investment banking business and in particular that of the Financial Institutions Group, which has been ear-marked as a key area for expansion this year."