People: Two Ex-Merrill Executives Rejoin BofA. Moriarty Lands at Morgan Stanley

Former executives Chapin and Kaplan return to Bank of America Merrill Lynch as executive vice chairmen of global banking, based in New York and Chicago. Kaplan headed Citadel's new IB business during 2009 [Bank of America]

A coup for BofA, and a blow to Citadel.

Morgan Stanley hires Moriarty, former co-chief risk officer at Bank of America, as COO of investment management and global research divisions. Morgan Stanley also hires Shames, retired CEO of MFS Investment Management, as senior advisor [Pensions & Investments]

Eaton Vance elevates Metzold to co-director of muni bond group, replacing MacIntosh who is leaving the company. MacIntosh also had directly managed a number of funds [Investment News]

Boutique investment firm Inverness Investment Group hires McCormack from UBS as SVP for wealth advisory services [Inverness, via PRN]

First Eagle promotes COO Macaskill to CEO, replacing Arnhold who becomes CIO and retains chairman's title [Investment News]

M&A lawyer Steve Epstein moves to Fried Frank as partner, from O'Melveny & Myers [Fried Frank]

Ganatra joins Hahn & Hessen law firm as partner in securities and tax group. He was at Dewey & LeBoeuf and previously at Skadden Arps [Hahn & Hessen, via PRN]

New Resource Bank, S.F.-based 'green community bank,' hires Pliska from Merrill Lynch to lead asset-based lending [New Resource Bank, via BW]