Merrill continues the hiring binge

Merrill Lynch has taken a look at the positive regional markets and responded with a slew of new research and equity hires. The investment bank has announced a total of 14 new changes in the Asia-Pacific region, in what is described as part of an ongoing expansion of the research and equity sales teams. These new appointments follow a recent hard-line hiring strategy that netted Merrill Lynch 12 new employees in the Pacific Rim equities business.