Merrill Lynch has rehired Helen Rodriguez, formerly head of European high-yield research at Deutsche Bank. Reached at Merrill, Rodriguez says she is a desk analyst covering mainly cross-over credits, such as fallen angels and distressed debt. She replaces an analyst who left the firm, but she declined to name the analyst.
Rodriguez had been a high-yield analyst at Merrill until last year when she joined Deutsche Bank to head its European high-yield research effort. That position was eliminated earlier this year (BW, 2/10).