Morgan India unit lures Merrill execs
Morgan Stanley has added four former DSP Merrill Lynch executives to its wealth management business in India, according to published reports.
Morgan Stanley has added four former DSP Merrill Lynch executives to its wealth management business in India, according to published reports.
The four new hires— Amitava Neogi, Partha Basu, Himangshu Bhagat and Himangshu Jain—are the most recent additions the New York-based investment bank as it expands its investment banking, brokering and wealth management business in India, the report said.
In February, Morgan Stanley paid $445 million for Indian partner JM Financial’s institutional equities sales, trading and research platform.
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