Merrill boosts European M&A with Bross and Calabria

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Merrill Lynch has hired two mergers and acquisitions bankers from Credit Suisse First Boston and Goldman Sachs to boost its European M&A operation.

Merrill Lynch has hired two mergers and acquisitions bankers from Credit Suisse First Boston and Goldman Sachs to boost its European M&A operation.

Carlo Calabria will join on April 1 from CSFB as head of European M&A, and vice chairman of investment banking at Merrill Lynch. He fills a gap left by Piero Novelli, who left Merrill Lynch for UBS last year.

Calabria has left CSFB a month after being appointed chairman of M&A and strategic advisory in Europe and chairman of CSFB Italy. Prior to that, he was co-head of European M&A with Susan Kilsby, who was made sole head on February 1.

CSFB has made Luigi di Vecchi sole head of Italian investment banking following Calabria's departure.

Calabria will join his former CSFB colleague Jean Tardy-Joubert, who resigned as head of CSFB's European technology group last week to become head of technology, media and telecoms at Merrill Lynch.

Merrill Lynch has also hired Holger Bross, a managing director at Goldman Sachs in Frankfurt, as co-head of corporate banking in Germany alongside Peter Kollmann. Bross will join on June 1 after 13 years at Goldman Sachs.

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