Some hires are good for morale. Bank of America Merrill Lynch’s success in wooing former Deutsche Bank “flow monster” Loh Boon Chye to the firm is a coup worth crowing about.
BoA Merrill bankers at the IMF conference in Japan, many of whom received confirmation of the hire through the internal memo that went out yesterday, were positively chuffed. “I can’t believe we’ve been able to get him into the franchise,” said one.
Asia-Pacific president Matthew Koder announced that Loh will join the firm in December as his deputy president and head of Asia-Pacific global markets. Loh will also assume the country executive role for...