Tag: merrill lynch

Bank of America, Ken Lewis and Joe Price face a law suit related to the Merrill Lynch merger, while Goldman Sachs pays each of its head honchos a $9 million bonus for 2009. DSP Merrill Lynch makes Pradeep Dokania chairman of global wealth and investment management for India, and transfers Atul Singh from Singapore to take on the role as head of ... Hong Kong's high-net-worth crowd were the hardest hit in Asia-Pacific by the financial crisis, according to the annual wealth report from Capgemini and Merrill Lynch. Citi global banking appoints Merrill's Rodney Tsang as co-head of China investment banking. The former Merrill Lynch banker will become deputy head of Asia for Macquarie Capital Advisers. Bank of America is told that it cannot use attorney-client privilege to withhold information about why BoA shareholders didn't receive material disclosures regarding Merrill's ... The firm is aiming to become the first Chinese menswear company to be listed in Hong Kong. Starhill Global Reit receives applications for 129.3% of the rights units available in the offering. The construction machinery company raises capital to shield itself from an outstanding CB that is puttable next year. Market observers say that the success of the deal, the first sizeable Indian IPO for 18 months, will open the market to further listings. Both deals are upsized, suggesting investors are still hungry for new shares. Kenneth Whee joins Merrill after a three-year stint at Goldman in Seoul. The investment banker resigns from Merrill Lynch after less than a year to rejoin the bank where he spent 11 of his past 12 years. The global financial crisis has caused the assets of the world's high-net-worth individuals to fall by an unprecedented 19.5% to $32.8 trillion. The sportswear company raises $231 million that it will use to develop awareness of its brand and improve its production facilities. Starhill Global Reit, which is controlled by Malaysia's YTL Corp, is seeking to raise $232 million from a one-for-one rights offering, following the fund-raising examples set ... Second time lucky for the fruit and vegetable producer, after a false start in April. As the economy flounders in the doldrums, the number of legal actions increases. M&A head Kalpana Desai announces she will be leaving just days after Margaret Ren departs the firm. Shiroshita moves from Bain Capital to help increase Merrill's coverage in Japan.