BAML hires LatAm ECM MD

BAML hires LatAm ECM MD

Capital Markets Equity People

Bank of America Merrill Lynch (BAML) confirmed it has hired Matias Santa Cruz as a managing director (MD) in its LatAm ECM team, replacing Billy McArthur who left for UBS in June. Santa Cruz will join from HSBC's LatAm ECM team, where he was also an MD, sources said. At BAML, Santa Cruz will step in for McArthur who led equity offerings outside of Brazil. Bruno Saraiva leads the US bank's ECM services in Brazil. Since joining HSBC in 2012, Santa Cruz has worked on offerings for Brazilians Rumo a

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