Merrill Lynch has relocated Chris Jackson, senior salesman in equity program trading in New York, to London for a similar role. Mike Stewart, global head of portfolio trading in New York, said Jackson will add stability to the team which recently lost Zach Tuckwell, head of European equity portfolio trading to Dresdner Kleinwort Wasserstein (DW, 3/31). Jackson reports to Stewart and confirmed the move.
"We were really happy to repatriate Chris and bring some stability to the group," Stewart said, adding that he will also be taking a more hands-on approach to running the London team. Richard Creswell, spokesman in London, said the firm is planning to appoint a new head, but declined further comment.
