Bank of America Merrill Lynch has hired a former senior executive from independent advisory firm Greenhill & Co’s European business as its new head of mergers and acquisitions for the region.
Luca Ferrari will join BAML in July, according to a memo sent to bank employees on June 23 by global M&A co-heads Jack MacDonald, Adrian Mee and Patrick Ramsey, and Luigi Rizzo, the bank’s head of Emea investment banking.
Ferrari left Greenhill, where he had been co-head of European corporate advisory, in October 2015. He had spent three years with the firm, running the European corporate advisory business first with David Wyles and then, from mid-2015, with Anthony Parsons, a former Deutsche Bank M&A adviser.
BAML shook up its M&A business in April when it gave incumbent Emea head Rizzo the additional responsibilities of running regional investment banking, and appointed Ramsey, MacDonald and Mee as global co-heads.
According to preliminary figures from Dealogic, BAML ranks fourth for European M&A value during the first half of 2016, down from third in the same period of 2015. It ranks fifth so far in 2016 for European M&A revenue, having pocketed some $ 142 million, about 5.3% of the regional fee pool.