Former BofA Investment Banking Chief Joins Fortress

Jul 31 2008 | 12:28pm ET

Just months after being pushed aside at Bank of America, Gene Taylor has joined alternatives giant Fortress Investment Group.

Taylor will serve as an operating executive at publicly-traded Fortress. He will evaluate investment opportunities and provide operational guidance by sitting on the targets’ boards, according to Private Equity Analyst.

Taylor left BofA in December after almost 40 years at the firm or its predecessors. His retirement as president of global corporate and investment banking was part of a shakeup at the firm, which posted huge losses in investment banking.

 


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