Veteran Banking Execs Join LeTV

(Beijing) – Two executives with long track records in banking are said to have recently joined Leshi Internet Information & Technology Corp., taking the helm in investment operations and the debut of an Internet finance platform.

Winston Cheng, head of Asia technology, media and telecommunications at Bank of America Merrill Lynch, has left the U.S. bank to join Leshi, or LeTV as it is often called, Jia Yueting, founder and chairman of the firm that provides Internet-enabled TVs and services, announced August 17 via Sina Weibo, the Chinese version of Twitter.