Bank of America today announced that Marc Montagner has joined the Technology, Media & Telecom (TMT) Group in Banc of America Securities as Global Head of Telecom M&A. He is based in New York and reports to Richard Swift, Global Head of Telecom Investment Banking and Stefan Selig, Vice Chairman of Global Investment Banking and Global Head of M&A.

Montagner joins Bank of America from Sprint Nextel where he oversaw corporate development and was head of M&A. He was a part of the team that negotiated the $70 billion merger of equals between Sprint and Nextel. Prior to Sprint and Nextel, he worked for eight years at Morgan Stanley, first in the M&A division of the Telecommunications & Media Practice in London, and then as part of the Corporate Finance Department in the Communications Group in New York, where he was a managing director. He began his career at France Telecom in New York, where he ran Business Development for North America. Throughout his career, Montagner has performed extensive M&A and financing assignments for a large number of clients in the telecom and media industries in the US and in Europe.

"Coming from a major telecommunications company where he was instrumental on several large transactions, Marc brings a unique appreciation of our clients' needs and priorities," said Selig. "With this extensive industry expertise and his investment banking background, he is an outstanding addition to our team. We look forward to the important role he will play as we expand our M&A franchise."

Montagner received a master of business administration degree from Columbia University Graduate School of Business and a master of science degree in Electrical Engineering from Ecole Nationale Superieure des Telecommunications in Paris.

Bank of America

Bank of America (NYSE: BAC) is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services. The company's Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research. Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Many of the bank's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited. For additional information, visit http://www.bankofamerica.com/.