Merrill Lynch continues to expand its brokerage firm. Its purchase of FG Inversiones Bursatiles gives it a leading position in the origination, research, trading and distribution of Spanish equities and fixed-income securities.
There has also been the purchase of the remaining 49% of Smith Borkum Hare (South Africa), which is now a wholly owned subsidiary, and the acquisition of McIntosh Securities, a leading broker/dealer in both Australia and New Zealand. Merrill Lynch also recently entered into a joint venture in Pakistan with broker Khadim Ali Shah Bukhari.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
