Bank of America Merrill Lynch has received two top honours from Euromoney magazine, being named Best Global Investment Bank and Best Global Transaction Services House in the Euromoney 2014 Awards for Excellence.
Bank of America has appointed Mayank Saxena as head of its Southeast Asia financial institutions group (FIG), the latest in a spurt of investment bank hires in the financials sector amid a surge of dealmaking in Asia by banks and insurers.
· Global DCM activity totals $3.3tril, up 5% compared to YTD 2013
Top managers at the firm have been meeting with younger executives in hopes of finding a replacement for current chief Lloyd Blankfein - someday.
Brad Hintz, a Sanford C. Bernstein analyst who covered investment banks including Goldman Sachs for more than a decade, is leaving Wall Street to become a professor at New York University.
Have job will travel.
Global Investment Banking: Top firms - First Half 2014 (US$m)
Worldwide Announced Jan 1 - Jun 30, 2014.
Any Americas Involvement Announced Jan 1 – Jun 30, 2014.
Global IB Fees Up 12%; Strongest Start for IB Fees since 2007 | JP Morgan Takes Top Spot | Fees from ECM Up 36%; DCM Fees Down 0.6%