Investment Banking

ICICI Securities: Minority shareholders of ICICI Securities file lawsuit against delisting move

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Minority shareholders of ICICI Securities led by Bengaluru-based investment manager Manu Rishi Guptha have filed a class action suit with National Company Law Tribunal (NCLT) against ICICI Bank’s bid to delist its broking arm from the Indian bourses. Last month, nearly 72% shareholders approved the scheme of arrangement for the merger of ICICI Securities with … Read more

Citigroup’s new big hire is a no nonsense, hard-charging dealmaker

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As Citigroup Inc. Chief Executive Officer Jane Fraser shrinks Wall Street’s underdog into a leaner competitor, her newest big hire is a dealmaker known for his scrappy streak — and little tolerance of laggards. In one of his less conventional achievements in almost 24 years at JPMorgan Chase & Co., Viswas Raghavan helped the bank … Read more