What's the signiWcance of Merrill Lynch's decision to appoint a
British banker, Kevan Watts, in London as co-head of its global
investment banking group? "The location is clearly a large part of
it but my background outside the US also played a role," Watts
says. Watts joined Merrill in 1981 and spent 17 years toiling for
it outside the US. He worked in advisory and Wnance for UK clients
in the 1980s and recalls Xoating Euromoney in...