Boston Herald

BANK OF AMERICA EXEC OUT

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NEW YORK — Bank of America has confirmed that a high-profile senior executive has left the company, but it would not comment on reports of an internal investigat­ion into sexual harassment allegation­s.

Omeed Malik is no longer a bank employee, spokesman Bill Halldin said this past weekend in an email. Malik’s departure was effective the week of Jan. 8, Halldin said, declining to comment further.

The New York Times reported Friday that Malik, who was a managing director and helped to run the brokerage business that raises money for investment funds, left after a female analyst complained of inappropri­ate sexual conduct in the past few weeks.

The human resources office for Bank of America Corp., which is based in Charlotte, N.C., began investigat­ing and interviewe­d as many as a dozen people who worked with Malik, the newspaper reported, citing unidentifi­ed people at the bank who were briefed on the investigat­ion but were not authorized to speak publicly.

Malik’s departure comes as sexual harassment and assault allegation­s have rolled through media companies, Hollywood and Silicon Valley.

The newspaper said Malik and his lawyer, Mark Lerner, did not respond to requests for comment. The Associated Press left messages Saturday for an attorney named Mark Lerner who specialize­s in employment law in New York.

Malik was a speaker at a conference founded in part by former White House communicat­ions chief Anthony Scaramucci. A biography for the conference said Malik was the global head of capital strategy for Bank of America, selecting hedge funds for the firm to partner with.

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