Bank of America's investment banking chief Christian Meissner is departing as firm dips in banking league tables (BAC)

Business Insider -

Business Insider—Christian Meissner, the head of global investment banking at Bank of America Merrill Lynch, is leaving the firm.  He joined the firm in 2010 and is set to depart at the end of this year, according to an internal memo. He will be succeeded by Matthew Koder, the bank's president of Asia Pacific. Christian Meissner is out at Bank of America Merrill Lynch.  The company's global investment banking chief has decided to leave the firm at the end of the year, according to an internal memo from COO Tom...

'He looked after his allies and demoralized top producers': Bank of America's investment banking chief's out after a tumultuous year (BAC). Bank of America Merrill Lynch has had a tumultuous year in investment banking, even before global investment banking chief Christian Meissner's departure was announced.  Early on, the bank had to deal with a loan gone bad to Steinhoff International, which cost the firm nearly $300 million. Amid a record year of mergers-and-acquisitions, Bank of America's performance has dragged, and the firm has lost ground to competitors.  It had been a tumultuous year for Bank of America Merrill Lynch's...