Merrill Lynch has tapped Doug Mallach as head of U.S. fixed income, currencies and commodities asset management. His primary responsibilities will include the structuring and sale of troubled assets, such as CDOs, that were hit hard in the credit crisis. Previously, Mallach was head of U.S. fixed-income sales.
Merrill Lynch appointed James Quigley as president of Merrill Lynch for Latin America and Canada. The new appointee will report to Gregory Fleming, president and chief operating officer of Merrill Lynch. In this newly created position, Quigley will be overseeing the firm's business and operating strategies in Latin America and Canada. He will manage Merrill Lynch's Latin American and Canadian businesses on a fully integrated basis across wealth management, sales and trading, origination and principal investments.