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AJIT PREMKUMAR
High burnout rates push professionals of investment bank like BoFA-ML, Kotak, others to join start-upsDeal makers joining this exodus is a reflection of global trends, with investment banking acting as a springboard for their new careers.- BCCI probe panel 'illegal and unconstitutional': Bombay High CourtThe court's observations, which came while admitting a PIL by the Bihar Cricket Association, will, however, derail Srinivasan's comeback pl...
- After Infosys' Narayana Murthy more desi CEOs may join Re 1 salary clubN R Narayana Murthy and his top brass, who would take home Re 1 salary, may set a precedent for rich Indian promoter CEOs struggling with a...
- No more A-bonuses for investment bankers as Credit Suisse, Deutsche Bank, JPMorgan cut pay by up to 40%Rainmakers at Credit Suisse, Deutsche Bank and JPMorgan took home about 40% lower bonuses for 2011 as their parent companies held back payo...
- BNP Paribas asks 9 executives to leaveLast week, BNP Paribas asked nine executives from its domestic fixed income and investment banking divisions to leave.
- Apollo Global Management, ICICI Venture plan NBFC to fund asset purchasesPrivate equity funds Apollo Global Management and ICICI Venture are planning a joint venture non-banking finance company to lend for asset ...
- Investment bankers' bonus payouts shrink; top-level exits to blameIndia's bulge-bracket deal makers in the investment banking business have faced the heat and seen flux in the past few months even as lesse...
- M&A-rich Stan-Chart,Deutsche & Citi give lean bonusIndia's robust merger and acquisition(M&A )activity in 2010 may have buoyed sentiments but it did not perk up bonuses at investment banks.
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