Bank of America’s Lien Is Said to Leave to Join US Reinsurer RGA

Bank of America Corp.’s Vincent Lien is leaving the US lender, according to people familiar with the matter.

Lien, who is based in Hong Kong and works in BofA’s Asia Financial Institutions Group, is set to join Reinsurance Group of America Inc. and help develop its business in the Asia Pacific region, the people said, asking not to be identified because the information is private.

BofA declined to comment. RGA didn’t have an immediate comment.

BofA Chief Executive Officer Brian Moynihan said last week that investment-banking fees will likely drop about 25% this quarter as US President Donald ...