Michael Luk, head of Asia fixed-income capital markets and Asia leveraged debt capital markets at Deutsche Bank, has resigned and, according to sources, will be moving to Bank of America Merrill Lynch to head up debt capital markets for Asia-Pacific.
Rick Stoddard, BoA Merrill's current head of DCM for Asia-Pacific, is rumoured to be taking on a senior finance role at the bank.
BoA Merrill has been making proactive steps to add to its fire power within DCM. As one source said Look at the platform from what it was to where it is now. BoA Merrill is a universal bank now with expansion into leveraged finance plus there's...
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