James Love will cap off 14 years with the bank after joining from Greenhill Caliburn in 2010.
Street Talk understands Bank of America’s co-head of Australia M&A James Love has lobbed his resignation, two years after he relocated from Singapore where he was the head of South East Asia M&A. He will cap off 14 years with the bank after joining from Greenhill Caliburn in 2010.Love had shared the role with Chris Gronow, head of technology, media and telecommunications, who spent the better part of last year tending to TPG Telecom on its $6.
Love’s departure comes after a raft of changes in Bank of America’s Australian leadership. In February, Joe Fayyad moved up to country head and CEO, leaving Dan Janes as the sole head of investment banking. Local financial institutions group banker Michael Evans was elevated to co-head of FIG for the wider Asia Pacific, while natural resources head Karl Rozman was also made co-head of natural resources and energy transition for the region.Pete Nicholls, a managing director, was promoted to co-head the local FIG team alongside Evans.signed up with rival Jefferies, and the latter’s Australian head of sales Mike Johnson left the firm.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deutsche Bank’s Aussie problem solver CFO James von Moltke on markets’ ‘pinch me’ momentThe German lender’s chief financial officer cannot quite believe how the world’s largest economies have weathered multiple shocks.
Read more »
Ben Bernanke’s Bank of England review: How ‘flamethrowers’ and creaking IT burnt the central bankFor more than three decades, the BoE has used fan charts to visualise the uncertainty surrounding its forecasts. As Ben Bernanke pointed out, most people have no idea what they mean.
Read more »
Regional banks such as Bank of Queensland and Bendigo Bank dying a slow deathThe country’s smaller banks have a bleak future due to higher cost of funds, excessive capital requirements, costly technology upgrades and lack of scale. But will regulators do anything about it?
Read more »
AMP shares: AMP quietly begins restructure for $60m digital bank project with UK’s Starling BankUp to 35 jobs will be lost as 83 employees see their teams or reporting lines change.
Read more »
ASX bank stocks: ‘Sell everything’ hard to put into practice for bank stocksThe big banks’ share prices have got ahead of their earnings outlook, but that doesn’t mean investors are dropping them en masse.
Read more »
RBA interest rates: Reserve Bank of Australia will struggle to cut rates this year, survey showsThe RBA is expected to be the last major central bank to start cutting interest rates and economists predict the cash rate will remain on hold at least until November.
Read more »