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AmericasSeptember 30 2007

A solid stance on risk

In the current market environment, not every bank chief executive feels relaxed talking to the press unless it is part of a public relations strategy to calm frayed nerves among investors. But Stan O’Neal, chairman and CEO of Merrill Lynch, was happy to talk to The Banker’s editor Brian Caplen about the volatility in the markets and the firm’s longer-term strategic positioning as well as social issues arising from globalisation, such as inequality.
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