Thursday, August 20, 2009
Bank of America Merrill Lynch (Merrill Lynch & Co. Inc.) announced that Christopher T. Bae and Thomas S.B. Gillie will join the company as managing directors and co-heads of global foreign exchange options. They will join the company in October, reporting to Chris Vogel, head of G10 currency trading. Bae joins from Goldman Sachs where he worked for 10 years, most recently as managing director in the equity derivatives trading group. Gillie, with more than 14 years of experience in options trading, joins from Credit Suisse where he worked for more than 10 years.
The Indian unit of Merrill Lynch has hired a director for its equity team. The bank said that it has hired Farokh Pandole from Citigroup as a director of its equity sales team.
Effective as of August 13, 2009, Paul Morton resigned as a chief executive officer and president of the Merrill Lynch Alternative Investments and resigned as a member of the board of managers. Effective as of August 13, 2009, Thomas W. Lee resigned as a vice president and resigned as a member of the manager’s board of managers. Effective as of August 13, 2009, Justin C. Ferri became the chief executive officer and president. Justin C. Ferri, 34 years old, has been a vice president and a member of the board of managers since June 13, 2008 and has been registered with the NFA as a principal since July 29, 2008. Justin C. Ferri continues to serve as a member of the board of managers, a position which he held prior to his appointment as the chief executive officer and president. Effective as of August 13, 2009, Deann Morgan became a member of the board of managers. Deann Morgan, 40 years old, has been a vice president and managing director of global investment solutions, heading alternative investments origination for Merrill Lynch’s global wealth & investment management group since March 2008. Deann Morgan continues to serve as a vice president, a position which she held prior to her appointment as a member of the manager’s board of managers. -PR Newswire / SEC Form 8k
Thursday, August 13, 2009
Merrill Lynch & Co. announced that Loli Wu has been appointed managing director and head of Americas transportation and infrastructure investment banking. Wu, who will begin in October 2009, will be based in New York and report to John Pratt, global head of aerospace and defense, autos, capital goods and transportation corporate and investment banking. Wu will be responsible for leading the firm’s transactions in the transportation and infrastructure sectors, including shipping, railroads, ports, trucking, logistics and airlines. Wu was most recently at Citigroup where he spent more than 12 years, most recently as head of surface transportation and logistics investment banking. -PR NewswireÂ
Thursday, August 6, 2009
Bank of America Merrill Lynch today announced that Benjamin Perkins will join the firm as managing director of life sciences investment banking. Perkins, who will be based in San Francisco, will report to Charles Ditkoff, managing director and head of Americas healthcare corporate and investment banking. Perkins was recently managing director and head of life sciences investment banking for Pacific Growth Equities in San Francisco, where he provided extensive strategic advice and led a series of equity offerings for the biotech industry. Prior to that, he served as an associate at Advest Group.
Merrill Lynch & Co. also announced that Bing Wang has rejoined the bank as its head of China corporate finance. Before his departure in October last year, Wang was with the bank’s private equity division. In his new role, Wang will be responsible for originating and executing transactions across all market sectors for Chinese corporate. He will report to China country executive and head of China global corporate & investment banking Erh Fei Liu. -PR Newswire
Monday, July 6, 2009
Merrill Lynch & Co. announced that it recently hired four people as financial advisers for clients. Deane Curtiss, Bruce Morley and Mark Robles joined the office as vice presidents. David Menashe joined as a first vice president for investments. Robles was previously with AG Edwards, while Curtiss, Menashe, and Morley were most recently with Morgan Stanley.
Wednesday, May 27, 2009
Merrill Lynch has appointed Mike Joo as its chief operating officer for global markets, taking over the job from Mike Meyer. In his new role, Joo, who is currently the head of Asia debt capital markets excluding Japan, Australia and India, will relocate to New York from Hong Kong and report to Tom Montag, president of global markets. Meyer will continue as the bank’s global head of sales. -Actusnews Wire
Tuesday, May 19, 2009
Thomas Raymond of Darien has been promoted to first vice president of investments at the Greenwich office of Merrill Lynch. Raymond will focus on helping wealthy families and senior executives manage their finances and investments. Raymond has been a part of Merrill Lynch’s Greenwich office for eight years. He is a wealth management adviser, a portfolio manager in the personal investment advisory program and is a certified investment management analyst.
Thursday, April 9, 2009
Merrill Lynch announced that Bryan Weadock will join the company’s global markets group as head of Americas fixed income sales in July 2009. Weadock was most recently head of investor client management at JP Morgan Chase in New York. He will report to Mike Meyer, global head of sales for the global markets platform. Bank of America Merrill Lynch is a leader in both new issuance and secondary market trading of fixed income products, including corporate bonds, syndicated loans, municipal financing, asset- and mortgage-backed products, rates, currencies and commodities.-Market News Publishing
Wednesday, April 8, 2009
Bank of America Merrill Lynch announced that Steven J. Niemczyk will join the company’s global corporate & investment banking business as global head of asset management investment banking in June 2009. Niemczyk has been global head of asset management investment banking at UBS Limited in London. He will relocate to New York and report to Michael Rubinoff, head of global financial institutions corporate & investment banking. Steve has over 20 years of experience in financial services investment banking.-PR Newswire
Monday, March 30, 2009
Merrill Lynch announced that Richard Bernstein, chief investment strategist and head of Bank of America-Merrill Lynch’s investment strategy group, as well as David Rosenberg, the firm’s chief economist, are leaving. Rosenberg is leaving because of what the firm calls family issues of a personal nature and Bernstein is leaving to pursue a career on the buyside. Bernstein has been with Merrill as a sell-side strategist for 20 years and has worked on Wall Street for almost 25 years. He will stay on at Merrill until mid-April 2009.
Friday, March 6, 2009
Merrill Lynch has appointed Larry Schwartz as the new vice president of investments and financial advisor in its Chicago Loop office. Prior to joining Merrill Lynch, Mr. Schwartz was most recently with UBS for 18 years and previously with its predecessor firm Kidder, Peabody & Company, as well as Morgan Stanley and EF Hutton & Company.-Datamonitor NewsWire
Tuesday, January 13, 2009
Merrill Lynch announced that the Singapore-based chief Asia strategist, Mark Matthews, reportedly left the company. Other recent high-profile departures include Robert McCann and Greg Margolies. McCann was vice chairman and president of the prized global wealth management division at Merrill. Margolies joined Ares Management as a senior partner and head of its capital markets group. At Merrill, he was a managing director, head of global leveraged finance and capital commitments and a member of the executive committee of the investment banking group.-Daily Deal/The Deal
Monday, January 12, 2009
Merrill Lynch announced that Greg Fleming, the head of investment banking has quit his post. His departure comes three days after Robert McCann, head of Merrill Lynch’s 16,000 financial advisers, resigned. Fleming was president and chief operating officer of Merrill Lynch, and was with the company for 16 years.
Friday, November 14, 2008
Bank of America and Merrill Lync announced that Merrill’s Andrea Orcel, head of global origination and president of Europe, Middle East and Africa, or EMEA, global markets and investment banking, will become president of the combined banks’ global banking, securities and wealth management division.-Daily Deal/The Deal
Thursday, November 13, 2008
Merrill Lynch head of investment banking for all of Asia, Damian Chunilal, has left the company, the second top level shake-up in the last two months at Merrill’s Asia group. Sheldon Trainor, Merrill’s head of Asia investment banking, excluding Japan and Australia, stepped down from day-to-day responsibilities of the division in September to assume a new role. Trainor reported to Chunilal before and after his move.-The International Herald Tribune
Wednesday, October 1, 2008
Merrill Lynch has appointed James Chapman as director and head of Asia power investment banking along with a five-member team, all previously from Lehman Brothers. James and team will bring significant advisory and capital markets experience within the Asia power industry to Merrill Lynch.
James has worked in the industry for the past 14 years during which time he has developed close relationships with power clients globally. At Lehman Brothers, James was also responsible for supporting the sourcing and execution of interest rate, FX and commodities hedging and other risk management solutions across power sector clients. James will report to Naomi Molson. The other recruitments include, Anoop Chaudhry, who joins as a vice president, a position he also held at Lehman Brothers.-Financial Express
Thursday, September 11, 2008
Merrill Lynch announced that George H. Young (Woody) III has joined Merrill Lynch as global head of technology, media and telecommunications investment banking. Mr. Young will be based in New York.
Mr. Young was head of the global communications group at Lehman Brothers until March, 2007. He was also a member of Lehman’s investment banking division executive committee.-Business Wire
Wednesday, September 10, 2008
Effective September 8, 2008, Gary Carlin, 51, has been appointed chief accounting officer of Merrill Lynch. Mr. Carlin will undertake this role in addition to his current responsibilities as corporate controller, a position which he has held since May 2007.
From May 2003 to May 2007, Mr. Carlin was chief financial officer of the firm’s global banking and credit units. Mr. Carlin succeeds Christopher Hayward, who continues as the firm’s finance director and also leads the firm’s holding company supervision initiatives.-SEC Form 8k
Monday, September 8, 2008
Merrill Lynch & Co. announced that Dick Barrett and Mark Ellman will be joining Merrill Lynch as vice chairmen, based in New York and reporting to Andrea Orcel, head of global origination, Merrill Lynch.
Previously Dick and Mark were at Barrett Ellman Stoddard Capital Partners. Dick was also at Salomon Brothers for nearly 20 years including the last three as head of global investment banking. He subsequently led the financial institutions groups at UBS, DLJ and Credit Suisse. Mark began his career in accounting and law before becoming an investment banker at Wasserstein Perella and Morgan Stanley. After that, he became head of Insurance Investment Banking at UBS and DLJ before moving to Credit Suisse.-Business Wire
Wednesday, September 3, 2008
Merrill Lynch & Co. announced that Michael Nierenberg from JP Morgan will be joining the firm to head global mortgages and securitized products businesses, and that James De Mare from Citigroup will also be joining to run the company’s mortgage trading operations. Mr. Nierenberg will report directly to Thomas K. Montag, head of global sales and trading, and Mr. De Mare will report to Mr. Nierenberg. Mr. Nierenberg was most recently JP Morgan’s head of global securitized products, a position he held after moving to that firm following its purchase of Bear Stearns earlier this year.-Business Wire
Monday, August 11, 2008
Chris Augustin joined Merrill Lynch & Co. as chief investment officer. Augustin was CIO and global head of capital markets and banking technology at Citigroup. At Merrill, he reports to Thomas Sanzone, who was named executive vice president and chief administrative officer after leaving Credit Suisse Group earlier this year. Sanzone also worked in Citigroup’s corporate and investment bank.
Merrill Lynch & Co. also announced that Pradeep Pai joined as a managing director and chief technology officer for investment banking and research. He was a director of fixed income technology for Citi’s markets and banking division.-Daily Deal/The Deal
Friday, August 8, 2008
Effective as of August 1, 2008, Merrill Lynch Alternative Investments announced that Shawn T. Wells resigned as a vice president.-SEC Form 8k
Tuesday, August 5, 2008
Fotis Hasiotis and Philip Noblet were appointed co-heads of Merrill Lynch & Co.’s EMEA financial sponsors group. Hasiotis will relocate from New York to London. Noblet was deputy head of European mergers and acquisitions and head of M&A for EMEA financial sponsors. Also, David Melvin was named chairman of EMEA financial sponsors and leveraged finance, while Jeff Kaplan became global head of financial sponsors. Kaplan joined Merrill in 1987.-Daily Deal/The Deal
Thursday, July 31, 2008
Merrill Lynch has hired a number of project and infrastructure finance bankers from UBS.
In the transportation group, Mitchell Gold has joined as a director, Michael Placencia and David McCarthy as vice presidents, all based in New York.
In the transportation infrastructure group, Eugene Spinelli has joined as a director, and Michael Vogel as a vice-president, both in the Philadelphia office, and Jeanny Pakas as a director in New York.
In the infrastructure group, Bruce Huang and Kenneth Gillespie will be joining as vice-presidents. Jonathan Ward has left his position as head of syndications at Standard Chartered, following a reorganisation at the bank.-Project Finance
Wednesday, July 16, 2008
Peter Kraus was appointed as executive vice president of Merrill Lynch & Co. Previously he was co-head of the investment management unit at Goldman Sachs.
Friday, July 11, 2008
Merrill Lynch & Co. appointed Hugh Sullivan as head of investment banking, Germany, Austria and Switzerland. He is also global head of multi industries and will work from Frankfurt and London. Sullivan reports to Andrea Orcel, global head of origination and president of global markets and investment banking. Sullivan joined Merrill in 1997 and replaces Flavio Valeri, who is leaving to work in the Italian banking industry. Sullivan began his investment banking career in the mergers and acquisitions group at First Boston.-Daily Deal/The Deal
Monday, July 7, 2008
Merrill Lynch & Co. named Glen Campbell head of equity research for Canada, following Ihor Danyliuk’s departure. Campbell is based in Toronto and joined Merrill in 1996. He will continue to cover Canadian telecom services stocks and will cover U.S. telecom services, supported by New York-based Michael Funk.-Daily Deal/The Deal
Merrill Lynch & Co. has appointed Antony Hung as the head of wealth management in Pacific Rim region. Hung, who continues to be a member of the Pacific Rim operating committee, would head Merrill Lynch’s wealth management unit in the Pacific Rim region (Asia and Australia).
Previously, Hung was heading the fixed income, currencies and commodities (FICC) division for the Pacific Rim and he would continue to hold the post till his successor is appointed. As the head of FICC division he was responsible for all sales, trading, liability management and structuring of fixed income, currencies and commodities products, along with principal investments in the region.-The Press Trust of India
Tuesday, June 24, 2008
ML Chesapeake FuturesAccess announced that effective as of June 13, 2008, Steven B. Olgin resigned as vice president of Merrill Lynch Alternative Investments and resigned as a member of its board of managers. Effective as of June 13, 2008, Justin Ferri became vice president of the company. Effective as of June 13, 2008, Justin Ferri became a member of the company’s board of managers. Mr. Ferri is managing director within the MLPF&S structured and alternative solutions group and is a vice president of IQ Investment Advisors.-SEC Form 8k
Tuesday, June 10, 2008
Merrill Lynch announced that John R. Tyers will join the firm as president of Broadcort Capital Corp. Mr. Tyers will report to managing director Michael Perry, head of corporate and investment services in the firm’s global wealth management group. Mr. Tyers joins the firm with more than 15 years of experience in financial services, focusing on the investment advisor, brokerage, technology and investment management markets. Most recently, Mr. Tyers served as senior managing director and co-head of Bear Stearns broker dealer and investment advisor services, now part of JPMorgan, where he was responsible for leading and executing the growth strategy and day-to-day operations of the group.-Business Wire
Tuesday, June 3, 2008
Merrill Lynch & Co. announced that Fares D. Noujaim will be joining the company as president of the firm’s business in the Middle East & North Africa. He will also be the global head of sovereign wealth funds. Mr. Noujaim will be based in the Middle East and New York, and he will report to Gregory J. Fleming, president and chief operating officer of Merrill Lynch. Mr. Noujaim will be joining Merrill Lynch from Bear, Stearns & Co. Inc., where he was vice chairman of the board of directors and a member of the firm’s President’s Advisory Committee, having previously served as the committee’s chairman.-Business Wire
Friday, May 30, 2008
Merrill Lynch & Co. announced that James B. Quigley has been appointed president of Merrill Lynch for Latin America and Canada. Mr. Quigley will report to Gregory J. Fleming, president and chief operating officer of Merrill Lynch.
In this newly created role, Mr. Quigley will be responsible for driving the firm’s business and operating strategies in Latin America and Canada. Mr. Quigley will manage Merrill Lynch’s Latin American and Canadian businesses on a fully integrated basis across wealth management, sales and trading, origination and principal investments.-Business Wire
Friday, May 16, 2008
Merrill Lynch & Co. appointed Jean-Eudes Renier as a managing director in its multi-industries origination business in Europe, Africa and the Middle East. London-based Renier reports to Hugh Sullivan, global head of multi-industries origination. Renier was a managing director in the basic materials group at Morgan Stanley.-Daily Deal/The Deal
Wednesday, May 14, 2008
Merrill Lynch & Co. hired Caroline Silver as vice chairwoman of investment banking for Europe, the Middle East and Africa. Silver spent 15 years at Morgan Stanley, most recently as vice chairman of investment banking. Before that, she was co-head of financial institutions. Silver also worked at Price Waterhouse and Morgan Grenfell.-Daily Deal/The Deal
Tuesday, May 6, 2008
Merrill Lynch & Co. announced that Peter S. Kraus has been appointed as executive vice president and a member of the firm’s management committee. Mr. Kraus will report to John A. Thain, chairman and CEO of Merrill Lynch. Mr. Kraus will be responsible for overseeing the firm’s business strategy and investments; global growth plans and opportunities, and corporate acquisitions.
He will also lead initiatives to integrate the work of the corporate strategy and business development team with the efforts of the firm’s senior business leaders around the world to identify cross-platform synergies. Most recently, Mr. Kraus was with Goldman Sachs Group for over 22 years where he was co-head of the investment management division (IMD), and a member of the management committee. -Business Wire
Monday, April 28, 2008
Merrill Lynch & Co. announced that Thomas K. Montag, 51, has been appointed head of global sales and trading. Mr. Montag will report directly to John A. Thain, chairman and CEO of Merrill Lynch. In his role, Mr. Montag will be responsible for all the firm’s global sales and trading activities across debt and equities.
Most recently, Mr. Montag was with Goldman Sachs Group for over 22 years where he was co-head of the global securities business and a member of the company’s management committee when he left the company in December, 2007. Prior to being co-head of the global securities business he was co-president of Goldman Sachs’ Japanese operations since 2001 and before that ran the firm’s global derivatives business.-Business Wire
Monday, April 14, 2008
Merrill Lynch & Co. announced that it has appointed Adriano Borges, adding to an expansion of its origination, advisory and M&A investment banking team begun in March when the firm hired nine best-in-class originators for its Brazilian business. Mr. Borges has left Credit Suisse Brasil to run Merrill Lynch’s Brazilian financial institutions group (FIG) and real estate sectors.
He will join Alexandre Bettamio, former co-head of investment banking at UBS-Pactual, who came to Merrill Lynch as part of the recent hires to head up the firm’s Brazilian investment banking business. At Credit Suisse Brasil, Mr. Borges was a senior banker, responsible for the origination and execution of several landmark equity, debt and M&A transactions over the last three years, including the introduction of Brazilian real estate, technology and agribusiness sectors to the country’s burgeoning local equity market.-Business Wire
Thursday, April 10, 2008
Avondale Partners has named Michael Ryan a managing director and head of new issues in the firm’s investment banking group. He will focus on originating and executing public offerings. Ryan has worked for J.P. Morgan Chase & Co., Merrill Lynch & Co. and J.C. Bradford & Co. -The Daily Deal
Tuesday, April 1, 2008
Merrill Lynch Alternative Investments announced that effective as of March 27, 2008, Robert D. Ollwerther resigned as the chief executive officer and president, and resigned as a member of the board of managers. Effective as of March 27, 2008, Paul Morton became the chief executive officer and president. He is the chief executive officer of MLAI, and also serves as the COO for the global investment and insurance solutions (GIIS) group for Merrill Lynch. Effective as of March 27, 2008, Paul Morton became a member of the manager’s board of managers. -SEC Form 8k
Friday, March 21, 2008
Merrill Lynch Alternative Investments announced that on March 14, 2008 Robert D. Ollwerther gave verbal notice to the company regarding his resignation as chief executive officer and president of the company and resignation as a member of the board of managers. As of the date hereof, there is not a definitive effective date regarding the resignation. -SEC Form 8k
Thursday, March 20, 2008
Merrill Lynch announced that it has appointed Steven K. Berry head of government relations for the firm. Mr. Berry will report to Margaret D. Tutwiler, senior vice president and head of communications & public affairs.
Mr. Berry brings more than 30 years of experience in the public and private sectors, most recently serving as executive vice president of government affairs and corporate responsibility for the direct marketing association. -Business Wire