Bank of America Merrill Lynch cuts Asia MDs

Michael Cho, and at least 14 other MDs from Asia, are leaving the firm as part of market-place driven cuts.

Bank of America Merrill Lynch cuts Asia MDs
Compensation at bulge-bracket firms may drop 20% to 60% this year

Michael Cho, who peers describe as soft-spoken, was anything but that when FinanceAsia editors last met him. He was arguably one of the most passionate, fired up and animated bankers at our end-of-the-year awards pitch presentations in December, which is saying something as it is hardly a venue for the modest.

He was clearly brimming with pride about the role he and his team at Bank of America Merrill Lynch played as the lead...

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