Entries tagged "Thomas Montag"
There's been a lot of chatter this week about some regulators and bankers social issues, who is taking over for Bank of America's Ken Lewis and who has who on speed-dial.
Here is a summary of each of the contenders that could replace Bank of America's Ken Lewis.
Merrill Lynch says Deutsche Bank improperly raided its coffers, taking bankers that generated tens of millions of dollars, namely the dealmaking dozen led by Eric Heaton.
Merrill Lynch & Co.'s CEO John Thain and trading division head Thomas Montag are positioned to reap big rewards for steering the investment bank through 2008's rough financial waters into the safe port of a Bank of America Corp. acquisition....
After getting thrashed by the credit crisis, U.S. securities giant Merrill Lynch & Co. is reconstructing its mortgage trading business. The bank said it hired Michael Nierenberg from J.P. Morgan Chase & Co. to head global mortgages and securitized products businesses, and that James De Mare from Citigroup Inc. will run the company's mortgage trading operations....
