People News, Bank of America, Citigroup, JPMorgan, SocGen

Bank of America Merrill Lynch has promoted Luigi Rizzo to head of investment banking for Europe, Middle East and Africa (EMEA), according to a memo sent on Monday.

Reuters reports that Rizzo, who was previously head of mergers and acquisitions (M&A) in the region after joining the bank in 2013 from Goldman Sachs, will report to Bob Elfring, head of EMEA corporate and investment banking and Karim Assef and Diego De Giorgi who are co-heads of global investment banking.

In the meantime, Reuters also reports that Piers Davison has been appointed EMEA investment banking head of the financial institutions group at Citigroup.

Davison joins from JP Morgan, where he was UK head of FIG and EMEA head of banks. Davison will report to Stefan Wintels, co-head of EMEA CIB FIG, according to a memo sent to staff.

Finally, Bloomberg News reports that Societe Generale appointed Yann Garnier head of global markets for the Asia-Pacific region after his predecessor was promoted to lead the division globally.

Garnier, who is based in Hong Kong and had been deputy head of Asia-Pacific global markets, assumes the role with immediate effect, the bank said in an e-mailed statement Monday. Garnier, who has been at the bank since 1998, succeeds Frank Drouet, whose promotion was announced a week ago.

Bank of America Merrill Lynch promotes Rizzo to head of investment banking EMEA

Davison to head FIG at Citigroup

SocGen Names Yann Garnier Head of Global Markets in Asia-Pacific

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