BofA names Faiz Ahmad, Mike Joo as new co-heads of investment banking, memo says

Bank of America has announced a leadership reshuffle within its global corporate and investment banking division. Faiz Ahmad and Mike Joo have been appointed as the new co-heads of global investment banking. Alex Bettamio and Thomas Sheehan will transition to chairs of GCIB, focusing on strengthening client relationships. BofA currently holds a 6% market share in global investment banking revenue.