Interview: Bank of America Merrill Lynch

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Over the weekend of September 14 last year, the news that Lehman Brothers was filing for bankruptcy and Bank of America was taking over Merrill Lynch in a $50 billion deal changed the face of global markets. The takeover ended the 94-year independence of Merrill, merging it with America’s largest retail bank.

The commodities franchise of the new business falls within the global banking and markets division. Tom Montag, who had been head of global sales and trading at Merrill since August, was

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