JM Financial hires fixed income team from BoA Merrill Lynch

JM Financial builds its fixed-income capabilities by bringing on board Sanjeev Bajaj, Shashwat Belapurkar and Dhiraj Dave from Bank of America Merrill Lynch in India.

Nimesh Kampani-founded Indian investment bank JM Financial Services is strengthening its fixed-income business in Mumbai. 

JM has appointed Sanjeev Bajaj as head of fixed income, with additional charge to step up JM's operations in Dubai and Singapore, and Shashwat Belapurkar as head of debt capital markets, sales and trading in fixed income. Dhiraj Dave will join JM Financial's asset reconstruction company.

Bajaj and Belapurkar will join JM as managing directors, while Dave will be an associate...

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