Merrill's M&A expansion

Greg Mazur and Kalpana Desai describe Merrill Lynch''s new M&A structure.

In a recent change at Merrill Lynch, Greg Mazur was brought in to be head of MA origination, while Kalpana Desai was made head of MA execution. The change is part of an effort by Merrill to continue to grow its MA business and here the two discuss the strategy and their outlook for the business

Can you talk about the new structure

Kalpana Desai The new structure was driven by our clients' needs. So often you get immersed in several high profile deal executions, and you are then not able to have the same origination dialogue that other clients might want. Likewise if...

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