Wilbur Ross, chairman and chief executive of WL Ross & Co. LLC, and The Deal Pipeline's David Carey discuss distressed investing as well as the opportunities that the creation of bad banks in Spain and Ireland are creating. - George White
Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.