BoA Merrill hires Yacenda and Thiriet

Bank of America Merrill Lynch continues to hire from Deutsche Bank, appointing Richard Yacenda as its new COO in Asia. Meanwhile, Olivier Thiriet joins from Credit Suisse to be the new head of Asia-Pacific equities.

Bank of America Merrill Lynch has continued its regional expansion with a number of senior hires. In an internal memo seen by FinanceAsia, the bank announced that it has hired Richard Yacenda to be its COO for Asia-Pacific.

Yacenda joins from Deutsche Bank, where he had been deputy COO since 2006. He is the latest in a string of high profile hires to join BoA Merrill from Deutsche, since it poached Loh Boon Chye to be the head of Asia-Pacific global markets in October 2012.

A spokesman at BoA Merrill confirmed the contents of the memo, which stated that Yacenda will be...

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