(22 September 2017 – Asia) Bank of America Merrill Lynch (BAML) has promoted Jim O‘Neil to co-head its corporate and investment bank in Europe, Middle East and Africa (EMEA), according to an internal memo.
O’Neil will jointly run the bank’s CIB division in EMEA alongside Bob Elfring in London, according to Reuters.
He has been running the bank’s global financial institutions group since re-joining in 2013 after spending three years at UK Financial Investments (UKFI), the government body that managed the taxpayers’ holdings in bailed out banks, including as its chief executive.
Eric Bischof will become sole head of global FIG after O‘Neil’s move.