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BAML’s Asia-Pacific head of transaction banking, Ivo Distelbrink, has parted ways with the US bank, CT has learnt. A successor has also been announced.
Bank of Tokyo Mitsubishi UFJ has hired Yong Lee Boon to run transaction banking in the region as the lender looks to grow its business in cash and trade.
JP Morgan Asset Management (JPMAM) has appointed Paula Stibbe as its head of global liquidity for Asia-Pacific, replacing Travis Spence who has moved internally.
Citi has appointed Tim Tynan to run transaction services in Japan. Tynan has moved in-house from New York where he was COO for Citi’s transaction services business.