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Bank of America loses top Asia banker Alex To - sources

Published 07/20/2022, 01:40 AM
Updated 07/20/2022, 01:46 AM
© Reuters. FILE PHOTO: The Bank of America building is shown in Los Angeles, California October 29, 2014. REUTERS/Mike Blake
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HONG KONG (Reuters) - Alex To, one of Bank of America (NYSE:BAC)'s top rainmakers in Asia, has recently left the bank, three people with knowledge of the matter told Reuters.

To, based in Hong Kong, was most recently the bank's co-head of Asia Pacific investment banking.

Prior to joining Bank of America in 2014, he was chairman of China investment banking at Morgan Stanley (NYSE:MS).

To will be pursuing opportunities outside investment banking, said one of the people and a separate source who all declined to be named as they were not authorised to speak to the media.

Bank of America declined to comment.

© Reuters. FILE PHOTO: The Bank of America building is shown in Los Angeles, California October 29, 2014. REUTERS/Mike Blake

To referred a Reuters query for comment to Bank of America.

Bloomberg first reported about his departure on Wednesday.

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