NEW YORK, Nov 14, 2007 (AFP) - Troubled Wall Street investment bank Merrill Lynch on Wednesday chose John Thain, who forged the New York Stock Exchange and Euronext into the world's largest stock market operator, as its new chief executive and chairman.
Thain, 52, currently the CEO of NYSE Euronext, will take the Merrill Lynch posts on December 1, Merrill Lynch said in a statement.