Brexit has come and gone, any news on what's happening at ML?
7 replies (most recent on top)
Yes I agree
19/20th what parts of gbam would be impacted...gbam has cib, markets, gts...and is all-over
same US legal entity.
Gwim and Gbam are separate divisions...so what separation is being discussed here...
GWIM is where the money is! Global Markets are just a bunch of "cheerleaders" that are hanging on to a time that has long "gone by" and is now finally stiffled for good by Dodd-Frank.
Date for next big layoffs at BAML is shaping up to be Jul 19/20th. Brexit simply hastens the ineptly named "Bowditch" project - separating GWIM from Global Markets - which seems driven by the desire to sell or shutter Global Markets within a year or 2.
Which divisions / geographies (ml is all over the world) impacted ?