Bank of America Appoints JPMorgan Executive to Oversee Indian Equity Markets

Reported 2 days ago

Bank of America has appointed Satish Arcot from JPMorgan Chase as the new managing director to lead its capital markets division in India, aiming to strengthen its investment banking presence in the region. Arcot, who has two decades of financial services experience, will be based in Mumbai and joins amidst a series of leadership changes within the bank, following the departure of senior investment bankers last November due to misconduct allegations.

Source: YAHOO

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