Saviotti lands top job with Merrill

Merrill Lynch has hired Banca Intesa's Pierfrancesco Saviotti as vice-chairman of Europe and a senior adviser to the bank in Italy.

He is responsible for lending and credit control at Intesa and is also a board member of Italian telecoms company Telecom Italia.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire