Mike Joo, who has been running Merrill Lynch's debt capital markets business in North Asia with a focus primarily on Korea since he joined the firm at the end of 2006, has been promoted to chief operating officer for global markets at Bank of America-Merrill Lynch. This is a global role that will see him relocate from Hong Kong to New York.
Joo's new job, which is effective immediately, will make him responsible for strategy and business support as well as business supervision for the bank's global sales and trading business across both equities and fixed-income, according to an internal memo issued last week. He will also run the Principal Administrative Office. The COOs...
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