Gu takes over FICC at Merrill

The move comes after the resignation of co-head Dimitrios Psyllidis, who has left the firm for personal reasons.

Gu had been co-head with Psyllidis since August 2006, as well as global head of rates, currencies and electronic trading. He will report to Andrea Orcel, president of EMEA global markets and investment banking.

Psyllidis leaves the firm at the end of March.

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