-- Bank of America Corp. (BAC) plans to expand its investment banking team in Asia, Reuters reports Wednesday, citing "three people with direct knowledge of the matter."

-- Bank of America plans to hire about 50, a third of whom will be senior bankers, the report said.

-- A spokesman for the bank declined comment, the report said.

Full story: https://www.reuters.com/article/us-bofaml-asia-exclusive/exclusive-bank-of-america-to-hire-50-bankers-for-asia-dealmaking-team-in-2020-sources-idUSKBN1ZL11G

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

January 22, 2020 16:01 ET (21:01 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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