Banc of America Securities-Merrill Lynch Research Adds Two Strategists to Global Commodities Team |
LONDON, June 2 /PRNewswire/ -- Banc of America Securities-Merrill Lynch
Research today announced the addition of two strategists to its Global
Commodities Research team. Michael Widmer joins to lead the research
coverage effort in metals markets and Tanapoom Damraks joins as a
commodities strategist.
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"These strategic hires confirm the commitment of Bank of America
Merrill Lynch to the substantial expansion of our global commodities
business," said Francisco Blanch, head of Banc of America
Securities-Merrill Lynch Global Commodities Research. "We are expanding our
team to provide broader and deeper commodities research for our clients."
Widmer joins from BNP Paribas where he was Senior Metals Strategist.
Before BNP, Widmer was head of Metals Research at Lehman Brothers where he
had been responsible for building their base and precious metals research
franchise in fixed income. He is based in London and will report to Blanch.
Widmer brings to this role in-depth industry expertise and a thorough
understanding of client needs having held a variety of senior commodities
positions, including head of Metals Research at Calyon Corporate and
Investment Bank, and Macquarie Bank, among others. He earned a dual MSc
degree in Finance/Economics and International Management from the
University of Cologne in Germany.
Damraks will earn a Ph.D. in Economics from the University of Chicago
in June 2009. He also earned an M.S. in Economics from the University of
Chicago, an M.S. in Informatics from the University of Tokyo and a BEng in
Electronic Engineering from Chulalongkorn University in Thailand. Damraks
is based in London and will report to Blanch.
The goal of the company is to be the premier global research franchise,
providing clients with exceptional service, value-added investment insights
and alpha-generating investment recommendations. Since January 2009, Banc
of America Securities-Merrill Lynch Global Research has hired seven
analysts in EMEA and an additional 32 analysts globally. The Research team
provides recommendations on nearly 3,000 equity securities and 850
corporate bond issuers. The group also provides economic forecasts for
approximately 60 countries and recommendations on 40 currencies.
Bank of America
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banking and global markets businesses of Bank of America Corporation.
Lending, derivatives, and other commercial banking activities are performed
by banking affiliates of Bank of America Corporation, including Bank of
America, N.A., member FDIC. Securities, financial advisory, and other
investment banking activities are performed by investment banking
affiliates of Bank of America Corporation ("Investment Banking
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SOURCE Banc of America Securities-Merrill Lynch Research
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CONTACT:
Reporters: Susan McCabe Walley, Bank of
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