Alliance Capital Management plans to hire an executive soon to oversee its sales through banks, filling a post left vacant for four months.

Michael Laughlin, chairman of Alliance's fund distribution arm, said he plans to announce his choice to fill the bank managing director post within a week or two.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.