Richard Casavechia joins Banc of America Securities
Bank of America has announced that Richard Casavechia has joined the Mergers and Acquisitions group at Banc of America Securities as a managing director responsible for M&A tax advisory. He is based in New York and reports to Andrew Bednar, head of U.S. Mergers & Acquisitions.
Casavechia has more than 15 years of experience and has advised on numerous landmark M&A transactions. He joins Banc of America Securities from JP Morgan, where he was responsible for the M&A Tax Advisory Practice.
"Richard is widely recognized as one of the leading M&A tax specialists on the Street, and we are very pleased that he is joining our mergers and acquisitions advisory team," said Stefan Selig, global head of M&A at Banc of America Securities. "We are confident that Richard will provide our clients with superior advice and counsel to help them achieve their strategic objectives."
Bednar added: "Richard brings a highly valuable and critical skill set to our M&A business. His extensive knowledge of all areas of tax planning in connection with transactions complements the range of securities products and M&A services we currently provide to our clients. With Richard, we enhance our intellectual capital. Combined with our financial capital, we are even better positioned to assist our clients with their financial and strategic needs."
Casavechia has advised on all types of acquisition and disposition transactions, including spin-offs and carve-outs, share repurchases, hedging of appreciated assets, and cross border M&A and financing transactions. Prior to JP Morgan, Casavechia was a tax attorney for Cahill, Gordon and Reindel. Before that he was a tax associate at Milbank, Tweed, Hadley & McCloy. Upon graduation from law school, he completed a clerkship in the United States Court of Appeals for the Ninth Circuit.
Casavechia received a Bachelor of Arts degree in Economics from Wesleyan University and a Juris Doctorate from Harvard Law School.
About Bank of America
Bank of America (NYSE: BAC –News ) is one of the world’s largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services. The company’s Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research. Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 79 percent of the Global Fortune 500. Many of the bank’s services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited. For additional information, visit www.bankofamerica.com .