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Go Johnny go go go, Not Liars' poker, I mandate you in the name of the law, Japan's bulletproof bankers wear blazers, MTN stars ain't cheap, Chase's Indiana Lynch.

It’s the end of an era at Merrill Lynch. John McNiven, the firm’s colourful co-head of global debt markets in London and arguably the most successful debt market professional of the 1990s, is heading east to Hong Kong, to become co-head of Asian investment banking.

McNiven’s London replacement will be Anders Bergendahl, most recently head of relationship management and business origination in the investment banking group.

It’s a tough act to follow. McNiven, an ebullient Australian who drives a Rolls-Royce sporting the number plate MC NIV, joined the firm in 1988 from JP Morgan, along with six others, at a time when Merrill languished in 21st place in the Euromarket league table.

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