Merrill Lynch has hired Michael Pascucci, who worked at the firm for a decade in the 1990s, to be head of credit products for Europe, the Middle East and Africa (Emea).

Pascucci left Merrill in 2000 after 11 years at the firm to join Deutsche Bank. Pascucci, who is married to Hope Pascucci, Deutsche's global head of syndicate, subsequently moved to Green T, a hedge fund.