UBS Prime Brokerage Head To Join BofA

Bank of America Merrill Lynch is planning to appoint Stuart Hendel for a senior position in its prime brokerage division.

Bank of America Merrill Lynch is planning to appoint Stuart Hendel for a senior position in its prime brokerage division, HFMWeek reports. In his new role, Hendel will be reporting to Sylvan Chackman.

He will be joining the bank from UBS, where he is global head of prime brokerage. Hendel joined UBS in July 2009 from Morgan Stanley, where he was global head of prime brokerage.

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