FILE- In this Nov. 6, 2017, file photo, people walk by a branch office of Bank of America in New York. Bank of America Corp. reports earnings Monday, April 16, 2018. (AP Photo/Mark Lennihan, File)
HONG KONG: The recent game of musical chairs is continuing for bankers selling initial public offerings (IPOs) in Asia, with Bank of America Corp (pic) the latest to announce changes.
The US firm hired 13-year Credit Suisse Group AG veteran Tucker Highfield as co-head of Asia Pacific equity capital markets, it said Tuesday in an internal memo obtained by Bloomberg. He will work alongside Shu Nagata, who was promoted to Asia Pacific co-head after leading Bank of America’s Japan ECM coverage.
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