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BRIEF-Bank Of America says Merrill Lynch Wealth Management head John Thiel to step down

Oct 6 Bank Of America Corp:

* Bank Of America announces Merrill Lynch Wealth Management leadership changes

* Andy Sieg to succeed Thiel as head of Merrill Lynch Wealth Management

* John Thiel, current head of Merrill Lynch Wealth Management, has decided to step down from his position

* John Thiel will take on a new role as vice chairman of global wealth and investment management (GWIM), effective January 1, 2017 Source text for Eikon: Further company coverage:

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