Deal expected to be complete in Q3
Browning appointed president, Merrill Lynch Global Research
Record net revenues from wealth management and investment banking businesses
Copal Partners provides research serving investment banks, hedge funds and private equity funds
“Surprise” component identifies stocks where ML analysts have earnings forecasts that are significantly above consensus estimates
Money manager for the affluent to remain an independent firm
New York firm has extensive expertise in leveraged finance marketplace
Firm names Fakahany and Fleming co-presidents
Firms that take lead on environmental challenges can make operational savings, says Merrill Lynch report
The firm will deploy capital into profitable growth opportunities