Margaret Ren returns to Bank of America Merrill Lynch

BoA Merrill hires rainmaker Margaret Ren as China executive and chairman, a week after the US firm announces it has hired veteran banker Loh Boon Chye.
October 17, 2012

Bank of America Merrill Lynch is on a roll the latest big hire is investment banker Margaret Ren, who is rejoining BoA Merrill as China executive and chairman. She will also become a member of the firm’s Asia-Pacific executive committee, the bank said yesterday.

Last week the firm hired “flow monster” Loh Boon Chye as deputy president for Asia-Pacific and head of Asia-Pacific global markets. This week it’s a well-known China rainmaker.

Ren is powerfully connected she is a daughter-in-law of former Chinese premier Zhao Ziyang so the firm is not surprisingly hopeful that she will be able to help land big deals. But insiders...

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