Bank of America Merrill Lynch is strengthening the management of its investment banking business in Japan with the promotion of Yuichiro Wakatsuki to head of the division and the creation of a new chairman role for Takeo Kusunose.
Wakatsuki has been head of MA since 2008 and is viewed as a rising talent within the bank, having won significant new clients and strengthened BofA Merrill’s existing relationships during a difficult period in Japan before Abenomics and in the wake of the 2011 earthquake and tsunami.
His leadership has helped the bank to establish itself as the most consistent top-tier MA house in...