BoA Merrill's debt team

BoA Merrill restructures Asia-Pacific debt team

The bank overhauls the reporting lines for its Asia-Pacific debt team shortly after six debt bankers quit the firm.

Bank of America Merrill Lynch’s Asia-Pacific debt team has gone through a reshuffling of roles and an overhaul of reporting lines in recent weeks. The firm’s regional debt origination and syndicate bankers now report to Jason Cox and James Fleming, who were promoted to co-heads of Asia-Pacific global capital markets GCM on March 20. GCM includes both equity capital markets ECM and debt capital markets DCM.

According to an internal memo, the new management structure provides a “more unified and direct reporting structure to the global leadership team”.

Sources within the firm say that under the new structure, debt bankers will have greater representation...

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