Bank of America Merrill Lynch's European head of wealth management, Eva Castillo, will leave the firm at yearend.
Castillo, 46, is leaving after 12 years at Merrill Lynch to pursue "other career and personal opportunities," according to a memo issued Wednesday by Sallie Krawcheck, the president of global wealth and investment management.
Her departure follows that of Daniel Sontag, who ran Merrill Lynch's wealth management unit until he was replaced by Krawcheck in August. Robert McCann, who quit as Merrill Lynch's brokerage head in January, has separately been in talks with UBS AG to become head of its wealth management unit in the Americas, people familiar with the matter said in August.
Castillo worked for Goldman Sachs Group Inc. before moving to Merrill Lynch. She joined the firm as head of equity markets for Spain and Portugal, and has had jobs including running global markets and investment banking in Iberia. She has also served as the president of Merrill Lynch for Spain.
