Margaret Ren joins Merrill Lynch

Ren named as a chairman of China investment banking.

In a move that is certain to create seismic tremors in the close-knit club of China dealmakers, Merrill Lynch has named Margaret Ren as a chairman of its China investment banking team.

RenÆs appointment went public over the weekend when a Hong Kong SFC announcement was published on its website that Ren had been given a license. Ren had previously been subject to an inquiry by US regulators over alleged wrongdoing relating to China LifeÆs $3.5 billion IPO. Her...

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