Merrill To Decentralize Approach To Market Data

ORGANIZATION & MANAGEMENT

NEW YORK--Merrill Lynch was expected to announce a restructuring of its global market data services group late last week that would effectively abandon its centralized approach to market data procurement and management. The reorganization, which follows the departure of several key personnel over the past several months, will reassign team leaders to business units.

Merrill Lynch's global market data services group has been headed by John Del Vecchio and Mike Allen, with responsibility for bu

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