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BofA’s Montag Names Meissner Sole Head of Investment Banking

Bank of America Corp., the second-biggest U.S. lender by assets, named Christian Meissner sole leader of global investment banking less than a year after his promotion to co-head that unit with two other executives.

Meissner, 42, will oversee capital markets, corporate and investment banking and mergers and acquisitions while former co-heads Paul Donofrio and Michael Rubinoff take new roles in the division, co-Chief Operating Officer Thomas K. Montag wrote in a memo to employees yesterday and obtained by Bloomberg News. John Yiannacopoulos, a bank spokesman, declined to comment beyond confirming the memo’s contents.