Bank of America Merill Lynch

Bank of China's London branch issues $413M worth of yuan-denominated bonds

Bank of China UK on Wednesday issued $413 million worth of yuan-denominated bonds in London, as China seeks to increase the international usage of its currency for trade and investment. Bank of China also said that the bond will list on London's bourse.

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Bank of America Merrill Lynch pulls out of bidding to advise Turkish Aselsan after China deal

Bank of America Merrill Lynch has dropped its offer to advise Turkey's Aselsan on a planned secondary listing. The Turkish defense contractor recently closed a deal with a Chinese firm under US sanctions.

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Boehringer subsidiary hires Bank of America to explore sale of injectable drugs business

Ben Venue Laboratories, a subsidiary of German Boehringer Ingelheim in the US, has engaged Bank of American Merill Lynch to advise it on a proposed sale of its sterile injectable drugs business.

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South Korean government upsizes IBK block sale to USD250 million

The government of South Korea has increased the offering size for a part of its stake in Industrial Bank of Korea (IBK) to USD250 million. Its finance ministry will be selling 23.24 million shares instead of the initial 13.16 million shares.

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Bank of America names new Latin America head: source

According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.

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