Merrill Lynch is reshuffling its European investment
banking division to create a new structured credit unit.
Formed by merging the credit derivatives and securitization
divisions, Merrill aims to put credit derivatives at the heart of
its debt strategy. Glenn Barnes, who joined from the credit
derivatives team at Dresdner Kleinwort Benson last July, will head
the origination side of the new unit. Dale Lattanzio is promoted to
head of trading....
