Bank of America Merrill Lynch has handed its head of mergers and acquisitions in Europe, the Middle East and Africa a new role overseeing investment banking across the region, in a move that brings its leadership set-up in Europe in line with the business's global structure.

Luigi Rizzo has been named Emea head of investment banking, according to a memo sent to BAML staff on April 25 by Bob Elfring, head of Emea corporate and investment banking, and co-heads of global investment banking Karim Assef and Diego De Giorgi that was seen by Financial News.