Section

Bank of America's three India bankers leave amid probe on stock offerings

By Economic Times - 20 hours ago
Three Bank of America Corp. dealmakers in India, including Debasish Purohit and Subhrajit Roy, have resigned amidst an internal investigation into alleged misconduct related to stock offerings. Indian regulators are also investigating the matter, which involves transactions like Aditya Birla Capital and Sun Life India AMC Investments’ share sale in Aditya Birla Sun Life Asset Management.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.