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David Olson''s Primus Pacific fund is targeting $1 billion.

Sheldon Trainor becomes head of Asian investment banking at Merrill Lynch.

One of Asia''s most active recruiters appoints a new head of fixed income sales and a head of Hong Kong coverage.

Phumchai Kambhato brought over from Bualuang Securities.

Sam Chang replaces Johnny Lee.

Senior management changes at Merrill Lynch result in the formation of a new executive management committee and the loss of Aj Rahman as a co-head of Asian investment banking.

As Deutsche Bank poaches Sung-Eun Ahn from Salomon Smith Barney, the US investment bank announces that Joseph Choi will take his place