Frenkel to retire from Merrill Lynch at end April

Frenkel to retire from Merrill Lynch at end April

Frenkel to retire from Merrill Lynch at end April

The chairman of Merrill Lynch's international unit is to step down at the end of April.

According to Bloomberg news, Jacob Frenkel, 61, is set to leave Merrill Lynch International to pursue other professional and personal interests.

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