Merrill Lynch adds to regional team

The bank hires Michael Halloran from UBS as head of Pacific Rim fixed income, currencies and commodities.

Merrill Lynch has hired Michael Halloran from UBS as head of Pacific Rim fixed income, currencies and commodities FICC. At Merrill, the Pacific Rim covers Japan, Australia and Asia.

Halloran, who was formerly head of Asia-Pacific fixed income for UBS and went on gardening leave in July, will take up his new post at the end of September.

UBS confirmed Halloran's departure. Merrill declined to comment.

According to a source, the position is not related to debt capital markets,...

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