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Bank of America appoints tech M&A veteran Richard Hardegree in semiconductor push from UBS
Business
Published on 14 May 2026
Hardegree lands in tech deals after UBS exit
Bank of America has named UBS investment banker Richard Hardegree as its new vice chair for mergers and acquisitions, according to an internal memo Reuters reviewed. Hardegree, who has more than 30 years of M&A experience and previously led technology investment banking at UBS, will join the bank in August and be based in Palo Alto. He will focus on semiconductors and report to Bank of America’s co-heads of global M&A, signaling a push to expand tech deal market share. The memo also cites booming deal momentum into 2026.
- Richard Hardegree is appointed vice chair for M&A at Bank of America
- Hardegree brings 30-plus years of investment banking experience
- He joins from UBS and will start in August
- Hardegree will focus on the semiconductor sector
- He will be based in Palo Alto, California
- Deal activity this year is up about 32% to roughly $2 trillion
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times