Merrill To Stick With Credit Correlation
Merrill Lynch has no plans to exit the credit correlation business, according to a Merrill official, responding to market rumors stoked by comments from CEO John Thain that the firm will no longer be involved in collateralized debt obligations and structured credit.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts