Bank of America Private Bank has notched a significant recruiting win, luring a pair of advisors from Citi Private Bank, where they managed $7 billion in client assets. Phillip Edwards and Lauren Stuhmer are joining the BofA’s office in Palm Beach, Fla.

Bank of America's private banking arm said on Friday industry veterans Phillip Edwards and Lauren Stuhmer would join its Palm Beach office as private client advisers. Edwards and Stuhmer, who have a combined experience of more than 50 years in the financial industry,

Bank of America Private Bank has pulled over a pair of advisors formerly managing $7 billion at Citi. Phillip Edwards and Lauren Stuhmer are joining Bank of America's Palm Beach,

Three Bank of America Corp. dealmakers in India, including Debasish Purohit and Subhrajit Roy, have resigned amidst an internal investigation into alleged misconduct related to stock offerings. Indian regulators are also investigating the matter,