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Bank Of America Merrill's Forbes to leave Asia

Bank of America named Merrill Lynch veteran Jayanti Bajpai as head of corporate and investment banking for the Asia-Pacific region, replacing Jim Forbes, who is leaving his role three months after taking it on, according to a memo seen by Dow Jones Newswires Wednesday.

Bajpai, a Merrill Lynch veteran of 22 years, will be responsible for corporate and investment banking for Asia Pacific excluding Japan and will be based in Hong Kong. He is currently based in Mumbai.

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