FINANCIAL SERVICES
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* Bank of America Corp. said it is creating a new business focusing on debt and that its head of leveraged finance is leaving. The parent of the No. 1 U.S. bank said that the debt business will combine the activities of its corporate and investment banking divisions. The company also announced the resignation of Thomas Bunn, who runs its leveraged finance division. It did not specify the reason for or timing of his departure.
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