Angus Macpherson, Merrill's head of Asian capital markets, is leaving the firm this July for a one-year break before returning to the UK when his oldest son starts school. His departure has been planned for a while, but was only announced in an internal memo yesterday Thursday.
In his place, close friend and former colleague Ian Carton returns to Asia to run the combined debt and equities group. Carton will manage a team, which has seen a number of changes in recent weeks. Rod Sykes has just been recruited from ING to head of Asian debt capital markets, while Ken Poon left last week to become head of equity capital...