Merrill Lynch Realigns FX Team As Petri Assumes New Duties

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Merrill Lynch & Co., Inc. recently made a series of corporate realignments in New York involving foreign exchange, aiming to strengthen the company's focus on client relationships and client services.

According to Merrill sources, the imminent retirement of chairman William Schreyer on June 28 led to the organizational changes, which included the formation of a combined debt and equity markets group.

Now, the realignments at the executive level have filtered down, and senior managers, including

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