Investment Banking
General
JP Morgan Appoints Kaku Nakhate As Vice Chairperson For India
It's official. JP Morgan has appointed Kaku Nakhate as the Vice-Chairperson for its India operations. The firm has also appointed Manish Prasad ......
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BofA's Kenneth Lewis Stripped Of Chairman's Role Over Merrill Deal
Deals involving Merrill Lynch is costing top executives invloved in the deal their jobs. The latest person to lose chairman's ......
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Kalpana Morparia Grabs Talent From BofA Merrill Lynch
This may be called Kalpana Morparia's coup in investment banking. JP Morgan Chase, now headed by ex-ICICI Banker Morparia, has hired ......
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UBS Ties Up With UK's Noble For Research On Mid-cap Companies
Noble, the UK based investment bank specialising in mid and small cap companies research, has formed a strategic alliance with ......
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Nomura Slashes Indian I-Banking Team By Half
Japanese investment banking major Nomura Holdings, which acquired Lehman Brother's Asia and India operations, has slashed its investment banking team ......
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Goldman Makes $1.81 Billion Profits In Q1; Plans To Repay TARP Money
In a move to pay back the government bailout money it received last year, Goldman Sachs said it plans to raise ......
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König & Cie.Opens Office In Mumbai; To Focus On Shipping Investments
König & Cie. Asia Advisors Pvt. Ltd, a subsidiary of German investment firm König & Cie, is opening an office ......
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Hemendra Kothari Sells His Remaining Stake In DSP Merrill Lynch
DSP Merril Lynch chairman Hemendra Kothari has sold his 10% stake in the company to Bank of America. In a global ......
General
Hindujas Rename Amas As Hinduja Bank; Plans India Push
Hindujas-owned Amas Bank (Switzerland) Ltd will be known as Hinduja Bank from now on. The NRI family, which owns the Swiss bank, ......
General
UBS Gets Commercial Banking Licence; To Start In July
Finally, Swiss banking major UBS AG has received the commercial banking licence in India. The The bank has received a ......
