The Royal Bank of Scotland (RBS) has hired Jonathan Jiang from Bank of America Merrill Lynch (BoA Merrill) to head its global network banking business in China. According to the bank, Jiang’s hire is a key part of its overall investment programme in China and Asia-Pacific. At BoA Merrill, Jiang led the sales team for global treasury services in China. He replaces Mark Foo who has left the bank and returned to Singapore.