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The money transfer service that is jointly run by Bank of America, Wells Fargo and JP Morgan Chase named Michael Kennedy as its chief executive. Kennedy co-founded clearXchange and served as its chairman while working as executive vice president and head of innovation and payments strategy at Wells Fargo Bank.


The investment firm appointed Olav Koenig as managing director and head of sales and client service for Europe, the Middle East, and Africa for its subsidiary HarbourVest Partners (U.K.) Ltd. Koenig joins from Eaton Partners, where he was a partner and head of Europe.


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