Trainor changes roles at Merrill Lynch

Sheldon Trainor steps away from the day-to-day running of the investment banking business in Asia to become vice-chairman with a focus on origination and client contacts.

Sheldon Trainor has given up his position as head of Asia investment banking at Merrill Lynch and the day-to-day running of the division to focus on originating deals and managing client relationships.

The change in roles is largely a formalisation of something that has already been happening informally over the past 18 months or so, the source says. Trainor has assumed the title of vice-chairman in investment banking and his focus will be on Asia ex-Japan and Australia. He will...

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