Capital IQ Power Moves

Merrill Lynch head of investment banking for all of Asia, Damian Chunilal, has left the company, the second top level shake-up in the last two months at Merrill’s Asia group. Sheldon Trainor, Merrill’s head of Asia investment banking, excluding Japan and Australia, stepped down from day-to-day responsibilities of the division in September to assume a new role. Trainor reported to Chunilal before and after his move.-The International Herald Tribune