Bank of America Merrill Lynch wants bigger footprint in Romania

Bank of America Merrill Lynch is interested in increasing its presence in Romania. The investment bank’s director for Central and Eastern Europe Chris Saunders met the Romanian delegate minister for Energy Răzvan Nicolescu on Thursday, August 28, and talked about the recent privatizations in Romania and the increased interest for Romania from American investors. Bank of America Merrill Lynch is the largest brokerage house in the world, with 15,000 financial consultants and clients with USD 2.2 trillion in assets. Romania would last two quarters without IMF and EU money, says BoFA Merrill Lynch editor@romania-insider.com