Merrill Lynch Names Chief Administrative Officer - March 4

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Uploaded by on Mar 5, 2008

Merrill Lynch investment bank named Thomas Sanzone executive vice president and chief administrative officer. Also, online broker E-Trade Financial named Chairman Donald Layton, a veteran of JPMorgan Chase, to take over as its chief executive. Meanwhile, Barclays said it has agreed to buy Russian rival Expobank for 745 million dollars in cash. Finally, HSBC may sell off peripheral assets as its profits were hit by a 17.2 billion dollar writedown from bad debts and credit losses at its American operations.

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  • i wanna work for them one day im going to asu in the spring and study financing

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