That is Mark Renton's coined acronym for China, India and Australia. The managing director, head of investment banking Asia-Pacific for Citi, says that the three principal countries - China, India and Australia - are showing signs of continued investment banking prospects. While most headlines have been about credit crunches and subprime woes, in the last couple of weeks Citi has priced several Indian equity deals, including an $875 million CB transaction for Tata Steel and an IPO for Central Bank of India and closed the Cemex...
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