Niranjan joins former ICICI Securities colleague, Pankaj Agarwal, at CLSA as co-head of investment banking. Agarwal has been head of investment banking for a number of years and operates with a two-member team. CLSA enjoys a standing in the country as a leading brokerage house but is largely seen as a niche - but highly profitable - player in investment banking.
NiranjanÆs hire illustrates CLSAÆs desire to expand its footprint in India and win more market share, say sources. The firm is...
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