Merrill Lynch shuffles people internally and decentralises its prime-broking capital introductions business as Martin Visairas follows Yvonne Wong through the exit.
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Martin Visairas will pick up capital introductions responsibilities at Merrill Lynch prime broking in Hong Kong while new arrangements are worked out.
Jeff Penney, co-head of global financing business in Merrill LynchÆs prime broking unit, talks about operations and risks.
Jeffery Levy joins Merrill Lynch from long/short fund to direct prime broking sales for the region.
Melvyn Ford suddenly leaves the company and some of his former teammates are said to be spooked. Brian Canniffe and Eddie Guillemette will take over the helm.
The new fund will cover all major asset classes, but after fees, investors are unlikely to beat the underlying benchmarks.
Prime brokerage musical chairs starts early this year as Jamie Gleeson jumps to Merrill Lynch Hong Kong.
Masakazu Yanagisawa transfers to Tokyo in a newly created sales position.
Scott Shenk will run listed futures and options across both debt and equity products in the Pacific rim.
The rule of Laws: John Laws transfers down under to run the new businesses.