Japan’s SMBC May Acquire Majority Stake in Yes Bank
Japanese financial powerhouse Sumitomo Mitsui Corporation (SMBC) is reportedly discussing buying the majority stake in India’s Yes Bank. According to reports, both institutions were discussing the deal for several months. Notably, the State Bank of India (SBI) has been planning to trim its stake in Yes Bank. As of now,
Citi Taps Ashu Khullar for its Global Asset Manager Role
In the recent turn of events, Reuters stated that Ashu Khullar will serve alongside Anthony Diamandakis as the co-head of global asset managers. Ashu Khullar will also be a part of the global investment banking committee. The memo further mentioned that K. Balasubramanian would fill Khullar’s current role as India
