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Bank of America Merrill Lynch has bolstered its Asia Pacific investment banking team with a new hire from Morgan Stanley. -
Foreign investors breathed a sigh of relief this week after India announced it will not be subjecting them to minimum alternate tax (MAT).
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A resurgent Spanish corporate finance market is putting the expansion plans of Spain’s national champions to the test, at home and abroad, writes David Rothnie.
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Bank of America Merrill Lynch has added to its ECM syndicate desk in Hong Kong with an internal transfer, according to sources with knowledge of the move.
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Pakistan made history this week with the signing of an agreement to merge its three bourses under the banner of the Pakistan Stock Exchange (PSE). The move is set to transform its nascent equity capital market, as the country seeks to raise its international profile among foreign investors, writes John Loh.
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Infrastructure investment trusts (InvITs) have failed to gain any sort of traction in India since the asset class was introduced last year to reduce the funding pressure on infrastructure projects. In response, the country launched a new consultation on August 20 in a bid to improve the framework but unless several tax and structural issues are fixed, interest in the asset class is unlikely to pick up.
