"Merrill Names Semerci, D'Souza to Run FICC, Equities (Update3)
July 25 (Bloomberg) -- Merrill Lynch & Co., in the biggest shakeup at its investment-banking division in three years, promoted Osman Semerci and Rohit D'Souza to run fixed income and equities worldwide and said three executives in sales and trading will leave the firm.
Jeff Kronthal, 51, head of principal investments and secured financing, and Harry Lengsfield, 49, who oversaw interest-rate products and foreign exchange, are leaving to ``pursue other personal and professional interests,'' according to a memorandum distributed internally at Merrill today. The third departure is Doug DeMartin, 48, head of equity and debt sales."
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