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...The president in June appointed Mehmet Şimşek — a former Merrill Lynch bond strategist who had served years earlier as deputy prime minister — as finance minister to lead the economic turnaround....
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...EquiLend was launched in 2002, started by several banks including Goldman, JPMorgan, Morgan Stanley, UBS, Lehman Brothers and Merrill Lynch, now owned by BofA....
...New finance minster Mehmet Şimşek, a former Merrill Lynch bond strategist, has also allowed the lira to depreciate sharply against the dollar by easing up on a costly defence of the currency....
...Bank of America’s acquisition of Merrill Lynch in 2008 is another example where cultures clashed....
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