Merrill Lynch aspired to occupy strong position in quickly growing market of Asia. In 1982 the office in Gongkonge was open, in 1985 he received the status of the regular participant of the Tokyo stock exchange. From next year annual reports of the company were printed not only in English, but also in the Chinese and Japanese languages. The Asian world is very conservative and usually doesn't trust foreigners. But managers of Merrill Lynch managed to agree about the representation even in communistic China. The office in Shanghai was open in 1993.
In 1995, having bought the Smith New Court company, the wholesale merchant actions, Merrill Lynch expanded the presence in stock market of the USA even more. But also it is not enough of it: owners of the company, believing in own slogan saying that the market will grow only, continued to open new offices worldwide and to absorb competitors. In 1996-1998 the Australian company Mcintosh and Centaurus, the Thai Phatra Thanakit Securities, the Spanish FC Inversiones Bursatiles, the Canadian Midland Walwyn, English Mercury Asset Management were bought and 33 new representations in Japan are open. It seemed that to successes there will be no end, after all in 1997 the general assets under control of Merrill Lynch exceeded $1 trillion.
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