'The team knows they can do a better job': Bank of America's investment banking chief's out after a

Bank of America Merrill Lynch has had a tumultuous year in investment banking, even before global investment banking chief Christian Meissner's departure was announced.  Early on, the bank had to deal with a loan gone bad to Steinhoff International, which cost the firm nearly $300 million. Amid a record year of mergers-and-acquisitions, Bank of America's performance has dragged, and the firm has lost ground to competitors.  It had been a tumultuous year for Bank of America Merrill Lynch's...