Entries tagged "Alberto Cribiore"
Merrill Lynch & Co., coaxed into a overnight acquisition by Bank of America Corp. for $50 billion in stock, has been both losing and hiring top bankers. While Alberto Cribiore may have been the biggest name to depart, The Deal has learned about 41 bankers who used the door at Merrill just in the past month. As you'll see from the company's poaching, it's anyone's game....
After Merrill Lynch & Co. ousted Stan O'Neal as chairman and CEO last year, the firm hired Alberto Cribiore as interim nonexecutive chairman. He led a search committee to replace O'Neal and found NYSE Euronext Group CEO John Thain. After what he sees as "positive strides in the past nine months" by Thain, Cribiore resigned as a member of the board and lead director of Merrill. On Sept. 8, he'll join Citigroup Inc.'s institutional clients group as a vice chairman, reporting to CEO of the group, John Havens. Cribiore (pictured) will also work closely with investment banking co-heads Raymond McGuire...