Bank of America Promotes European Dealmakers Poensgen, Vilarino

Bank of America Corp. is promoting two of its top European dealmakers as mergers and acquisitions activity slowly begins to pick up in the region.

The firm appointed Lukas Poensgen as head of M&A for Germany, Austria and Switzerland, according to an internal memo seen by Bloomberg News. It’s also naming Juan Vilarino as M&A head for Iberia, the memo shows.