Bank of America Merrill Lynch has continued its regional expansion with a number of senior hires. In an internal memo seen by FinanceAsia, the bank announced that it has hired Richard Yacenda to be its COO for Asia-Pacific.
Yacenda joins from Deutsche Bank, where he had been deputy COO since 2006. He is the latest in a string of high profile hires to join BoA Merrill from Deutsche, since it poached Loh Boon Chye to be the head of Asia-Pacific global markets in October 2012.
A spokesman at BoA Merrill confirmed the contents of the memo, which stated that Yacenda will be...
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