Mike Joo Leaving BOFA
How does this impact the bank? I thought he was instrumental in building out the IB division there. Is this every senior banker running for the gates out of BOFA at the same time?
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They also lost their Head of Activism and Defense yesterday to JPM. Not sure what is going on at the bank
H1 IBK seems to be doing well, let's see
Where is he off to?
Deutsche seems like
You prob thinking of Ed Liu, tech banker DB poached from BofA to be global head of TMT
Anti-semitism has gone too far smh
Mike Joo going to Barclays allegedly. Good riddance.
Do you know for what role?
Yep confirmed Barclays, announced this morning. Going to be co-chief executive of IB
Not sure where he’s headed, but apparently this is a pretty big loss for BofA. He was a strong culture carrier and a legit rainmaker. Sounds like a lot of people at the firm are genuinely sad to see him go.
Culture? Sure. Rainmaker…not so much
It’s interesting to see him viewed as important in all these threads. I see the perspective but he wasn’t an investment banker. He was DCM and then COO (where he led the reviled EGRC group) and then became cohead of IBK after never doing coverage. I see it as a big loss for EGRC but not sure about the rest. I think AL activism loss significantly bigger issue but open to other perspectives. She was excellent
.
This whole debacle is hilarious. Do they now go back and just cut all 100 senior banker heads at EGRC now? That group is like a hydra. One head leaves or gets fired and another cringe wannabe banker there pops up to convince you they are a coverage expert. They also rebranded as regional IB as if that covers the stink.
“DCM isn’t investment banking”
I got roasted for saying that on here a few times
It’s not. You’re not offering any analysis or new perspective. It’s a rotation and flow based. Not technical at all
I’ve never even heard of this guy until he left. How important could he have been?
He’s the most prominent Joo on Wall Street
kfs baseline offers now going to barclays
Is he a good hire for Barclays? Whats happening to the current co-heads?
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