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MERRILL LYNCH HIRES 6 BANKERS FROM LEHMAN BROTHERS.
MUMBAI, Oct 1 Asia Pulse - Crisis-ridden global investment bank Merrill Lynch, which is being acquired by Bank of America, has hired six investment bankers from another troubled US financial major Lehman Brothers for its Asia operations.
Merrill Lynch will hire James Chapman as director and head of its Asia Power Investment Banking along with a five-member team, who were working previously with Lehman Brothers, according to an internal memo of the global major.
At Lehman Brothers Chapman was responsible for supporting the sourcing and execution of interest rate, foreign exchange and commodities hedging and other risk management solutions across power sector clients.
Along with Chapman other members joining Merrill Lynch include Anoop Chaudhry who would join as a Vice-President, a position he also held at Lehman ...
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