One head better than three as BofA ML puts Meissner on top
Bank of America Merrill Lynch has torn up the tri-head structure that it had in place at the top of its global corporate and investment banking (GCIB) division, opting instead to promote Christian Meissner to be sole head.
The decision sees Meissner, who joined BofA Merrill as head of EMEA investment banking from Nomura in 2010, rise above his co-heads Paul Donofrio and Michael Rubinoff.
In an internal memo announcing the change, global banking and markets president Tom Montag said that the new structure was "a
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