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Merrill Lynch appoints new FICC head

Michael Halloran moves from UBS to lead Merrill Lynch's Pacific Rim fixed income, interest rate, currency and commodities team.
Merrill Lynch has appointed Michael Halloran as head of its Pacific Rim fixed income, interest rate, currency and commodities (FICC) business. He will begin on September 29 and be based in Tokyo.

He replaces Antony Hung who became head of Pac Rim Wealth Management in July. Halloran will report to Tom Montag, head of global sales and trading, and to Jason Brand, president of Pacific Rim.

Halloran joins from UBS where he was most recently head of fixed income in the Asia-Pacific and a member of the UBS Investment Bank board, based in Tokyo. Before joining UBS, he worked for Salomon Smith Barney in New York, London and Tokyo as a fixed-income trader.
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