Two more top names leave Merrill | FT Alphaville

Two more top names leave Merrill

Two of the biggest names in Wall Street research are leaving Merrill Lynch in another sign that Bank of America’s acquisition of the bank has spurred many long-time employees to rethink their commitment. David Rosenberg, Merrill’s chief North American economist, will leave in May and join a buy-side firm, Gluskin Sheff, in his native Toronto. Richard Bernstein, chief investment strategist and head of Merrill’s private client research investment committee, will leave next month to ‘explore other opportunities’.