BofA Names Merrill Finance Chief

Bank of America Merrill Lynchhas appointedJennifer Hillas CFO of itsMerrill Lynchinvestment bank unit,The Wall Street Journalreports. In her new role, Hill will work under chief accounting officer,Neil Cottyand succeedBob Qutub, who is transitioning to CFO of consumer bank.

Hill has been head of strategy and corporate finance atRoyal Bank of Scotlandsince July 2008. She was previously working as CFO of hedge fund,Tisbury Capital Management, which was shut down last year.

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