Merrill pillages Lehman prime broking exec

By Simon Osborne | 29 May 2008
Keywords: merrill | lehman
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Only recently dispatched to Singapore by Lehman, Dan McNicholas is whisked back to Hong Kong to work for Merrill Lynch.

Dan McNicholas’s move from Lehman Hong Kong to Lehman Singapore was announced only two months ago. He had gone there to supervise Lehman's plan to build a prime broking presence in Singapore. Yet he has now been liberated from Lehman and trafficked straight back to Hong Kong to work for Merrill Lynch.

McNicholas has the title of director on the financing sales team in Hong Kong and will have primary responsibility for selling financing services to quantitative and professional trading clients. He will report to regional co-head Eddie Guillemette.

Prime broking director ...
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