Merrill Lynch restructures credit and structured finance units
Merrill Lynch today unveiled a significant restructuring of its European, Middle East and Africa (EMEA) credit and global principal investment and structured finance (GPISF) businesses, headed by Tim Grell and Dale Lattanzio respectively.
Managing director Vincent Dahinden has been promoted to head Merrill’s collateralised debt obligation (CDO) and structured investment business, including both cash and derivatives-based structures, and will assume responsibility for most of Watzinger’s duties.
Dahinden will also manage the corporate repackaging group, pursuing opportunities to employ credit derivatives and pure debt capital structures within the bank’s corporate client base. He will report to Lattanzio.
Director Justin Fox joins Merrill Lynch's GPISF team and will assume Watzinger’s synthetic asset securitisation responsibilities along with his current cash business role. Fox’s group will provide asset securitisation solutions for clients. He will also promote Merrill’s principal and financing capabilities across non-corporate asset classes. Fox will report to Lattanzio.
Director Bill Berry has assumed additional responsibilities within the alternative investment group for the EMEA region. He will drive client-driven business across all alternative products including cash and synthetic structures. Berry, in partnership with Dahinden, will execute Merrill’s strategy aimed at becoming a major provider of client-driven CDO and structured investment products in Europe. Berry reports to Lattanzio locally.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on People
People: Masters moves into FNZ, Two Sigma founders step back, and more
Latest job changes across the industry
Cardano’s Max Verheijen moves to BasisPoint
Verheijen spent 24 years at the Dutch pension advisory firm
People: SocGen’s Farah replaces Salorio, Deutsche makes credit hire, and more
Latest job changes across the industry
Coex Partners hires former Citi head of FX Apac sales
Matt Long joins Coex in Singapore to oversee FX execution and trading strategy for regional clients
Athora CFO exit caps management overhaul
Entire management team at Apollo’s European insurance affiliate has been replaced since 2022
People: New brooms at NatWest and Tradeweb; MUFG splits rates, and more
Latest job changes across the industry
Bank of America’s Kris Fador elected FS-ISAC board chair
Industry consortium for cyber security also adds new board directors from Swift, PNC, Truist and CME
People: Barclays’ macro trade reshuffle, UBS board moves, and more
Latest job changes across the industry