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’.
