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View Full Version : Merrill Lynch Wealth Management Hedging Against Euro Drop on Rates, Stress - Bloomber



NewsWhore
09-12-2011, 11:50 AM
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Merrill Lynch Wealth Management Hedging Against Euro Drop on Rates, Stress (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFGKHwuwpv1c8hlYWIjZaQf7nlwNg&url=http://www.bloomberg.com/news/2011-09-12/merrill-lynch-wealth-management-hedging-against-euro-drop-on-rates-stress.html)
Bloomberg
s Merrill Lynch Wealth Management unit in Europe, the Middle East and Africa hedged its exposure to the euro in portfolios because of a rising probability that the currency will weaken. “We continue to remain cautious on the euro, and have taken the ...

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