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Thain chooses Chai as Merrill CFO
Nelson Chai was executive vice president and chief financial officer of NYSE Euronext Inc.
Teamwork needed, says new Merrill chief
John Thain will tackle the firm’s senior management culture, emphasizing a “team approach.”
No noticeable rise in diversity of securities industry
The securities industry work force is not noticeably more diverse today than it was two years ago, even as the nation's largest investment firms strive to hire more women and minorities, according to a new survey.
Merrill chief said to eye Euronext exec
John Thain may bring aboard Nelson Chai of NYSE Euronext as he takes the helm at Merrill, The Wall Street Journal reported.
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.
Thain pay package could hit $120 million
John A. Thain will get ample compensation as he assumes the helm of Merrill Lynch.
Merrill takes hits in court, arbitration
Merrill has lost two legal cases centering on the firm’s management of wealthy clients’ portfolios.
Thain chosen to helm Merrill
Merrill Lynch is expected to name NYSE head John Thain as its new CEO, according to published reports.
Merrill reps like Thain bounce
Merrill Lynch brokers welcomed today's news that John Thain will join the firm as new chief executive.
Brokerage turmoil hits reps in pocketbook
As stocks of the large financial services firms get hammered, more brokers could be tempted to leave.
Fast Track: Merrill Lynch’s new hire courts the superrich
Howard Grace says that he’s been tending to the financial health of corporations for more than two decades.