BofA names Cai, Wang co-heads of China IB-memo

Bank of America has named Catherine Cai and Bing Wang as co-heads of China investment banking, according to a memo seen by Reuters on Wednesday.

Cai, a 10-year veteran of the firm, was previously vice-chairman of China investment banking, according to the memo. Wang rejoined the firm in 2009 and was most recently head of China corporate finance.