Merrill hires PB rep for Oz

Sydney-based Paul Thomas is the latest addition to Merrill Lynch's aggressively expanding prime brokerage team in Asia. Thomas joins as vice president and head of Australian prime brokerage sales, reporting to regional prime-brokerage sales head Harvey Twomey in Hong Kong. He will be responsible for the overall client relationship, sales and marketing effort for Merrill's prime brokerage product in Australia.