Bank of America Merrill Lynch sees £80 billion worth deals vanish in two days
Dealmakers round at Bank of America Merrill Lynch must be feeling pretty sore right now.
Why? Well, rainmakers at the US investment bank have just seen about £80 billion worth of deals go up in smoke in the last 48 hours.
Bank of America Merrill Lynch was one of the lead advisers to Pfizer on its £70 billion takeover attempt of AstraZeneca but as we all know that ended on Monday when the US pharmaceutical giant decided against pursuing a formal offer for the FTSE 100 giant...
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