Bank of America Merrill Lynch (NYSE: BAC) — The New York investment bank hired Winston Cheng to be head of technology, media and telecommunications. Cheng, who will be based in Hong Kong, was previously the head of Goldman Sachs Group's Inc. (NYSE: GS) technology segment and also headed the bank's consumer retail unit for regions in Asia, with the exception of Japan. Before joining Goldman, Cheng spent more than 10 years at Citigroup Inc. (NYSE: C).
Duff & Phelps — The New York investment bank appointed Dafydd Evans (pictured) as a managing director of European M&A. Based in the firm’s London office, Evans has more than 13 years of corporate finance experience across both M&A and restructuring within the European industrials sector. Prior to joining Duff & Phelps, Evans worked at Close Brothers Corporate Finance, operating as DC Advisory. During that time, he completed a number of transactions, including the sale of Napier Turbochargers to Wabtec Inc. in February; the sale of Hampson Industries to American Industrial Partners in November; the acquisition of Ascometal SA by Apollo Global Management LLC (NYSE: APO) in October 2011. Prior to that, he spent two years on the corporate finance team at PricewaterhouseCoopers LLP for six years.