BAML Names China IB Co-Heads

Bank of America Merrill Lynch (BAML) has hired Catherine Cai and Bing Wang as co-heads of China investment banking (IB), FinanceAsia reports. The duo will take over their new responsibilities from Erh Liu, who will now focus on his role as China country executive.

In their new roles, Cai and Wang will report to co-heads of Asia-Pacific investment banking Jayanti Bajpai and Jiro Seguchi and to Liu. Cai was earlier working as vice-chairman of China investment banking at BAML, where Wang was head of China corporate finance since he rejoined the firm.

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