BAML plots next phase of advisory build-out

By Owen Sanderson
29 May 2014

Bank of America Merrill Lynch’s Christian Meissner, CEO of the investment bank, said that BAML would carry on shifting its investment banking business away from DCM to more ECM and M&A, and emphasise international business.

In a presentation to Deutsche Bank’s financial services conference on Tuesday, Meissner said that the international investment banking fee pool was coming back, but still lagging the US and Canada, and that M&A was coming back, led by large cross-border deals.

The bank has been pushing hard to ...

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