• 'He looked after his allies and demoralized top producers': Bank of America's investment banking chief's out after a tumultuous year

    28 days ago - By Business Insider

    Bank of America Merrill Lynch has had a tumultuous year in investment banking, even before global investment banking chief Christian Meissner's departure was announced.
    Early on, the bank had to deal with a loan gone bad to Steinhoff International, which cost the firm nearly $300 million.
    Amid a record year of mergers-and-acquisitions, Bank of America's performance has dragged, and the firm has lost ground to competitors.
    It had been a tumultuous year for Bank of America Merrill Lynch's investment bank - even before the firm lost long-time group head Christian Meissner , whose departure...
    Read more ...

     

  • 'He looked after his allies and demoralized top producers': Bank of America's investment banking chief's out after a tumultuous year

    'He looked after his allies and demoralized top producers': Bank of America's investment banking chief's out after a tumultuous year

    28 days ago - By Business Insider

    Bank of America Merrill Lynch has had a tumultuous year in investment banking, even before global investment banking chief Christian Meissner's departure was announced.
    Early on, the bank had to deal with a loan gone bad to Steinhoff International, which cost the firm nearly $300 million.
    Amid a record year of mergers-and-acquisitions, Bank of America's performance has dragged, and the firm has lost ground to competitors.
    It had been a tumultuous year for Bank of America Merrill Lynch's investment bank - even before the firm lost long-time group head Christian Meissner , whose departure...
    Read more ...