ADVERTISEMENT

A top IPO banker is leaving Bank of America Merrill Lynch to join a fintech company

Moriarty has spent his entire career — more than two decades — with Merrill Lynch, now Bank of America Merrill Lynch.

null

J.D. Moriarty, Bank of America Merrill Lynch's head of Americas equity capital markets, is joining the fintech company LendingTree as a senior vice president of corporate development, the company announced Friday.

ADVERTISEMENT

The banker, who led LendingTree's own initial public offering back in 2000, will run business development and strategic acquisitions.

"J.D.'s business acumen and experience in the financial services sector make him the ideal leader to drive continued growth through strategic business development and capitalize on LendingTree's market opportunities," LendingTree CEO Doug Lebda said in a statement.

"I have always enjoyed advising exciting and innovative growth companies, and I am incredibly excited to go all in and fully join the LendingTree team," said Moriarty, who has spent his entire career — more than two decades — with Merrill Lynch, now Bank of America Merrill Lynch.

ADVERTISEMENT

He will be replaced by the healthcare equity banker Jim Cooney, the FT reports.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

OPEC excited about partnership with Namibia

OPEC excited about partnership with Namibia

The US loses to Russia and China in popularity across Africa

The US loses to Russia and China in popularity across Africa

Top 10 most valuable South African brands in 2024

Top 10 most valuable South African brands in 2024

Africa's giants play tug of war for the top economic spot

Africa's giants play tug of war for the top economic spot

Morocco is making giant strides to become Africa's aviation manufacturing hub

Morocco is making giant strides to become Africa's aviation manufacturing hub

Hackers test their ransomwares in less protected regions like Africa before striking richer nations: Report

Hackers test their ransomwares in less protected regions like Africa before striking richer nations: Report

Top social media platforms used for agriculture in Kenya - Survey

Top social media platforms used for agriculture in Kenya - Survey

African countries with the fastest-growing military strength in 2024

African countries with the fastest-growing military strength in 2024

3 African countries could play host to Russian diplomatic missions

3 African countries could play host to Russian diplomatic missions

ADVERTISEMENT