Merrill Looks to City for Capital Markets Chief

By Clark, Nick | The Independent (London, England), May 19, 2008 | Go to article overview
Save to active project

Merrill Looks to City for Capital Markets Chief


Clark, Nick, The Independent (London, England)


Merrill Lynch has handed its most senior equity capital markets role to a London-based banker, highlighting the importance of the City to the Wall Street banks and proving that foreign appointments no longer have "stigma" for US institutions.

The investment bank has appointed Rupert Hume-Kendall as chairman of global equity capital markets, replacing Jim Birle. Mr Hume- Kendall, who started last week, will continue in his role of vice- chairman of investment banking for the group in Europe, Middle East and Africa.

He is the second major equities appointment in the City by a US investment bank in two months after Goldman Sachs appointed Matthew Westerman head of global equity capital markets in March.

An internal memo that circulated Merrill last week said: "Rupert will lead Merrill Lynch's senior-most equity capital markets efforts with key clients around the world. In addition, he will help us capitalise on the many emerging markets and global opportunities before us."

Mr Hume-Kendall, one of Merrill's most active dealmakers, has been at the group for a decade and worked in the equities, corporate broking and capital markets and financing teams.

Mr Hume-Kendall said: "Top end investment banks continue to develop rapidly outside their historic cores and are by their nature increasingly global.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Merrill Looks to City for Capital Markets Chief
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?