Merrill fills FICC gap

David Gu has taken over as sole head of fixed income, currency and commodities for the Emea region at Merrill Lynch.

The move comes after the resignation of co-head Dimitrios Psyllidis, who is leaving the bank at the end of March 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 reports to Andrea Orcel, president of Emea global markets and investment banking.

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