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Bank of America Corporation’s legal department has done some shuffling, moving deputy general counsel Janice Fetsch from director of litigation to compliance executive, and Lucille Reymann from associate general counsel for the Global Corporate and Investment Bank (GCIB) to Fetsch’s litigation spot. Both report to executive vice president and general counsel Paul Polking, at the bank’s Charlotte, North Carolina, headquarters. The legal department’s self-described “token North Dakotan,” Fetsch, 46, has shown herself to be a trailblazer-a definite plus as the bank for the first time combines legal and compliance functions for its assets worldwide. Right after Fetsch arrived in New York in November, she began remolding the group, bringing in a director to enlarge the legal group to four. Meanwhile, she’s getting to know the compliance side, some of whose officers she worked with in San Francisco while heading the bank’s trust department in that city. “Some [of it] is very familiar to me, but from a different point of view,” Fetsch says. Reymann, 42, had a month’s head start on her colleague, beginning her new litigation job in early October. She oversees 16 lawyers, fewer than half of the 33 lawyers she supervised at GCIB. But the broader responsibilities involved are what attracted Reymann, who has been with the bank, in Charlotte, since 1994. “You never really know everything, but you realize you can learn,” she says. Both women began their careers in private practice. Fetsch left Denver’s Rothgerber, Johnson & Lyons in 1992 for Bank of America’s San Francisco office to work on the institution’s merger with Security Pacific Corporation, then billed as the largest banking merger in history. She next moved to the bank’s Hong Kong office, returning in 1995 to San Francisco, where she ran the private bank trust department. She then headed up the litigation department. Reymann came from Shearman & Sterling, where she worked on structured transactions and specialized lending in the firm’s Los Angeles, New York, and Tokyo offices.

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