Oct 9 (Reuters) - Bank of America Merrill Lynch named a long-standing capital markets specialist, Rupert Hume-Kendall, as chairman of its corporate and investment banking business in Europe, after a revamp of the division's management.
Hume-Kendall, who in his 15 years at BofA ML has focused primarily on equity capital markets, the part of the investment bank
which runs share sales including stock market listings, will be responsible for covering big clients in the region, an internal memo seen by Reuters showed.http://adf.ly/DY2BI
He will also oversee the development of "essential new senior relationships" across Europe, the Middle East and Africa (EMEA), the memo said.
which runs share sales including stock market listings, will be responsible for covering big clients in the region, an internal memo seen by Reuters showed.http://adf.ly/DY2BI
He will also oversee the development of "essential new senior relationships" across Europe, the Middle East and Africa (EMEA), the memo said.
Bank of America's investment bank has been hit by departures and undergone a series of reshuffles this year, as it tries - like its rivals - to face up to tough markets that are denting trading revenue and hurting the flow of deals.
In January the bank promoted relative newcomer Christian Meissner to run corporate and investment banking globally. The division is in charge of oversee
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