Former Citadel I-Bank Chief Returns To Merrill Lynch

Feb 23 2010 | 7:47am ET

The former head of Citadel Investment Group’s nascent investment banking unit has returned to Merrill Lynch, where he worked for 22 years.

Todd Kaplan will serve as vice chairman of global banking at Bank of America, which acquired Merrill Lynch at the end of 2008. He served as head of global leveraged finance and head of global principal investments at Merrill before joining Citadel.

Kaplan spent only nine months at the Chicago alternative investment giant’s Citadel Securities, which has hemorrhaged top executives in recent months.  He resigned from the firm in January without explanation.

Kaplan will be joined a vice chairman at BofA by another longtime Merrill veteran, Sam Chapin. Chapin worked for 26 years at Merrill before leaving last March. He has not worked at another firm since then.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note