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Breaking News

Travis Tramte has been found guilty of reckless homicide in the heroin overdose death of Kathryn Jakimczyk of July of 2013.

SHEBOYGAN, WI (WHBL) - Travis Tramte was found guilty Thursday of reckless homicide in the heroin overdose death of Kathryn Jakimczyk.  It took a jury over two hours to make their decision Thursday afternoon after hearing two days of testimony in Sheboygan County Court. Prosecutors said Tramte supplied Jakimczyk with the heroin that she injected at her North 9th Street apartment back in July of 2013 that led to her death.  Tramte’s lawyer tried to prove that there was other e...

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Top Merrill dealmaker Orcel to leave for UBS: sources

By Sophie Sassard and Victoria Howley

(Reuters) - Bank of America Merrill Lynch's top dealmaker Andrea Orcel is leaving the bank to join rival UBS , two sources with knowledge of the matter said.

Orcel was appointed executive chairman of global banking and markets at BAML in September 2009, a year after Merrill Lynch was taken over by Bank of America following the credit crunch.

"It's a great hire. He is a relationship man, not a manager and (UBS's chief executive Sergio) Ermotti knows him well", said a top UBS banker in London.

"This would be well-received internally, he is a big name".

Orcel specializes in financial services and has advised on some of Europe's largest deals including the break-up of Dutch lender ABN Amro. More recently, he helped Italian bank Unicredit raise 7.5 billion euro ($9.89 billion) in fresh equity.

BAML and UBS declined to comment.

Orcel was not available for immediate comment. ($1= 0.7582 euros)

(Editing by Steve Slater and Greg Mahlich)