Bank of America
Healthcare
Stent maker SMT lines up bankers for IPO
India’s largest cardiac stent maker Sahajanand Medical Technologies Pvt Ltd (SMT) has signed up four bankers for its proposed initial ......
Finance
Flashback 2020: Global M&As fall as fewer companies catch deal bug
Global mergers and acquisitions (M&A) activity fell to a three-year low in 2020, as companies grappled with the financial fallout ......
Manufacturing
Mahindra unit Ssangyong defaults on $55 mn loans
Automaker Mahindra & Mahindra’s South Korean unit Ssangyong Motor Co has defaulted on loan repayment of about 60 billion won ......
General
Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds
Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......
Finance
HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up
The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......
General
Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz
Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......
Finance
Coronavirus pulls down global M&A to decade-low as companies keep their distance
Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data ......
Finance
Frustration, fear and family: lockdowns test investment bankers
Lockdowns are sharpening the knives in the cut-throat world of M&A banking. Stuck at home, armed only with a phone and ......
Finance
Coronavirus crisis a window of opportunity for bankers to the rich
When markets slumped in March as the spread of coronavirus gathered pace, wealth managers' trading volumes soared as ultra-rich clients ......
Finance
Dash for cash as most investors expect drawn-out recovery: BofA survey
Investors have been hoarding cash at a rate not seen since the immediate aftermath of the 9/11 attacks of 2001, ......