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.

 

...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222