Bank of America Merrill Lynch, Promontory, Tabb Group
Bank of America Merrill Lynch has promoted Alastair Borthwick and Lisa Carnoy to co-heads of the bank's global capital markets business. Borthwick and Carnoy will be responsible for building the global footprint of the capital markets business, and will report to Tom Montag, president of global banking and markets. Previously, Borthwick was head of global investment-grade capital markets, a position he has held since joining the firm in 2005. Carnoy, a 15
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