Merrill Voices LatAm Commitment

Merrill Voices LatAm Commitment

People Corporate & Sovereign Strategy

Merrill Lynch, in announcing an internal move, is underscoring its commitment to LatAm as a major opportunity. “Latin America is a critical growth market for us,” says Merrill chairman and CEO John Thain. Merrill has been the most aggressive recruiter recently in Brazil, where it joins US heavyweights like Morgan Stanley and Goldman Sachs in a battle to wrest share from established mainly European and domestic shops. The fee pool looks set to shrink significantly this year – based largely on the

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