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Ben
Stewart, senior manager of debt capital markets and syndicate in
Australia, and Niraan De Silva, head of Southeast Asia equity
capital markets and head of equity-linked capital markets in
Asia Pacific, are also leaving, Thomson Reuters publication IFR
reported.
IFR reported last week that Guy Foster, Bank of America's head
of equity capital markets in Australia, had left.
Bank of America declined to comment.
Bank of America is set to cut about two dozen investment banking
jobs in Asia, including some top dealmakers, sources told
Reuters on Monday, as a slowdown in business forces western
banks to cut costs.
The latest cuts in Asia come against the backdrop of a tough
dealmaking environment as well as a slowdown in major economies
including in China, Hong Kong and Singapore. Western banks'
business has also been eroded by local competitors.
(Reporting by Frances Yoon for IFR; Writing by Sumeet Chatterjee;
Editing by Mark Potter)
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