Thread regarding Bank of America layoffs

Organizational memo from the COO

Organizational update

A message from Tom Montag

To: GBAM employees

Christian Meissner has informed me of his decision to leave the company. Christian joined the bank in 2010 during a tumultuous period in the markets. His drive and determination during that period and since then have been critical to the development of our business. Under Christian’s leadership, the Global Investment Banking business reached and maintained a top tier global ranking. His many contributions to our company have played a significant role in our success. Christian will remain at the bank until the end of the year.

Commenting on his decision Christian said, “I am very proud of what we have achieved during the last eight years. We have built a tremendous team around the world serving our clients and it’s been an honor to have led such a talented group of professionals.”

I am pleased to announce that Matthew Koder, President of Asia Pacific, will become head of GCIB and will move to New York. Matthew joined the company in 2011 as head of Asia Pacific Global Corporate and Investment Banking before becoming President of APAC in 2012. He has extensive international experience and has been based in Hong Kong, Sydney, London and New York at different points in his career. His excellent leadership and management skills have contributed to APAC’s strong results. His significant experience across several businesses coupled with his management role in APAC positions him well for this new role.

Matthew will relocate to New York and will work with Christian during the transition period. Matthew’s successor in APAC will be announced shortly.

Please join me in thanking Christian for his many contributions to our company and congratulating Matthew on his new role.

The memo could be also found here:

http://uk.businessinsider.com/bank-of-america-merrill-lynch-investment-banking-chief-christian-meissner-is-out-2018-9

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| 1741 views | | 2 replies (last September 23, 2018) | Reply
Post ID: @OP+VhDz15u

2 replies (most recent on top)

Is the headquarters moving to NY?

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Post ID: @1yki+VhDz15u

Saw this

Things will change now

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Post ID: @1pyz+VhDz15u

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