Bank of America investment banking exec dies

An investment banking executive at Bank of America BAC has died, the bank said on Monday.

"Our focus is on doing whatever we can to support the family and our team, who is devastated," the bank said.

It was not immediately clear what caused the death of the banker.

The associate was part of the financial institutions group (FIG) team that advises bank clients on deals, according to a source familiar with the situation, and was also a former member of the U.S. Green Beret special forces.