Only a day after news emerged of a key departure in its private banking division and the dismissal of one its top DCM bankers in the region, Merrill Lynch has lost its head of equity capital markets for the Pacific Rim. According to an internal announcement, Alex Woodthorpe has decided to leave Merrill after 13 years with the firm to ôpursue new challenges in his personal life and spend more time with his wifeö.
Woodthorpe is the latest in a string of high-profile bankers to leave Merrill since the US investment bank agreed to be taken over by Bank of America. Investment bankers who have decided to stay with the combined entity have said that...
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