Bank of America

Bank of America is one of the largest fully integrated financial services companies in the world.


Bank of America sees increase in M&A activity

Bank of America

Bank of America has seen an increase in mergers and acquisition activity in recent months, along with improvements in high-yield debt and leveraged finance, according to Christian Meissner, global head of corporate and investment banking.

People News: HSBC, ICBC

HSBC sign

HSBC’s vice-chairman of global banking and markets Spencer Lake is leaving the firm after being sidelined in a reorganization of the investment bank earlier this year.

Wall St firm runs simulations to test traders

Trading Places

The trader was in deep trouble. A millennial who had only recently been allowed to set foot on a Wall Street floor, he made bad bets, and in a panic to recoup his losses, he’d blown through risk limits, losing $4.9m in a single afternoon.

People News: BofA Merill Lynch, Schroders

Now hiring - not

Bank of America Merrill Lynch has appointed Philippe Chryssicopoulos as its head of power, utilities and renewables investment banking for Europe, Middle East and Africa, according to a memo seen by Reuters.