Merrill boots Asian fixed income co-head
The executive, Ranodeb Roy, who was based in Hong Kong, said that he was asked to leave the company in a meeting yesterday.
Merrill Lynch & Co. Inc. has fired the co-head of its Asian fixed-income business, as the company looks to rebound after it posted $7.9 billion in losses on subprime mortgage-related securities and bad loans.
The executive, Ranodeb Roy, who was based in Hong Kong, told Bloomberg that he was asked t
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