Bank of America Hires Citi Investment Banker Eish Dhillon for Technology Deals

Bank of America Corp. hired Eish Dhillon from Citigroup Inc. for its technology investment banking team, according to people with knowledge of the matter.

(Bloomberg) — Bank of America Corp. hired Eish Dhillon from Citigroup Inc. for its technology investment banking team, according to people with knowledge of the matter.

Dhillon, based in New York, will join BofA’s investment bank as managing director focused on information technology services, the people said, asking not to be identified discussing information that isn’t public. He will start the role in mid-September, the people added.

A representative for Charlotte, North Carolina-based Bank of America declined to comment. Dhillon, as well as a representative for New York-based Citigroup didn’t immediately respond to a request for comment.

The hire comes during a slowdown in dealmaking, though mergers and acquisitions and other investments in the finance and technology industries have stayed stronger. Firms are still looking for bankers who specialize in active industries for deals like technology. 

Dhillon spent over 16 years at Citi, most recently as a managing director in the investment banking division and the global head of IT services, according to his LinkedIn. 

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