Merrill in massive Asian shake-up
Early news of a massive reorganization of its Asian operations.
Word is just emerging from Merrrill Lynch that, as part of a massive reorganization, it will lose its Asian president of investment banking for Asia and Australasia, Louis Wolfe. Wolfe will take voluntary retirement and has chosen this path for personal reasons.
He is thought to have been considering a change for some time. He will be replaced by new joint-heads, Aj Rahman and Sam Poon
The FIG team, which was behind the UOB takeover of OUB, is also rumoured to be facing a restructuring. It Singapore-based head, Steve Theobald will also leave.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.