BofA Announces Transition Team

According to a BofA spokesperson, a typical integration of this size takes approximately 18 months, but "it's up to the transition team to decide on the completion date and that has not yet been set," he says.

No decisions have been made on what role Moynihan or Sanzone will play in the integrated bank. However, technology and operations for BofA's new investment bank business, along with the rest of the bank's other business units, will be overseen by Jim Kelly, business executive-technology and

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