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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Dan Sontag

Have Merrill Lynch and Smith Barney Traded Places?

Posted by Darin Manis on Aug 04, 2009

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The new Merrill Lynch is looking a lot like the old Smith Barney. Run by a behemoth bank with a different culture and led by Sallie Krawcheck. The new Smith Barney (now Morgan Stanley Smith Barney) is looking a lot like the old Merrill Lynch. Broker centric culture running outside the constraints of big bank bureaucracy run by James Gorman.