Newsig · Investing.com
BofA hires Goldman’s Srijith Nair to lead Asia ex-China financial institutions banking, memo says
Market context: BAC: BofA is directly executing the hire to strengthen its Asia banking franchise neutral; routine personnel move with no material business impact GS: Losing a senior banker in Asia ex-China financial institutions group neutral; minor personnel loss with no immediate revenue impact
Why it matters
BAC (Bank of America) · Why linked: BofA is directly executing the hire to strengthen its Asia banking franchise Market context: neutral; routine personnel move with no material business impact
GS (Goldman Sachs) · Why linked: Losing a senior banker in Asia ex-China financial institutions group Market context: neutral; minor personnel loss with no immediate revenue impact
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