Corporate Finance Recruitment Planned By HSBC

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According to the lender’s local chief executive,” Europe’s biggest bank, HSBC, plans to complain up its corporate finance business in Australia”. The Bank intends to expand its corporate finance activities in Australia by hiring more bankers to work in his team’s debt capital markets and plans to extend its land acquisition and leveraged loan syndication activities.

ANZ is vowing not to abandon an ambitious strategy for the Asia-Pacific, despite the heavy defeat the most important target area acquisition yet. Shares of the giant bank’s management met yesterday all but ruled out a bidding war for a majority stake in Korea Exchange Bank, ANZ would lead to speculation and ramp up its foray into India.

The corporate regulator is poised to take legal action against some of Australia’s largest banks over the collapse of Storm Financial after a breakdown in compensation talks.

National Australia Bank says it is working to solve the technical problems that delayed the treatment of certain payments from customers and operations during the night.

Rohit Kapur Executive Director and Head of India at KPMG Corporate Quit KPMC

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Rohit Kapur, Executive Director and Head of India at KPMG Corporate Finance, has quit the organization where he spent a total of eight years in two stints.

Rohit Kapur confirmed his resignation to VCCircle but refused to reveal anything about his future. A spokesman for KPMG confirmed the resignation. It is not clear who will take over Kapur’s role at KPMG.
He is currently in a transition period at the firm. “I haven’t taken any decision about the future plans. I am currently exploring different opportunities,” Rohit Kapur told VCCircle.

Kapur drove businesses like M&A advisory, business sales and disposal, valuation services, private equity advisory, debt syndication among others which came under the corporate finance group. This group has advised on the management buyout of Intelenet Global, Neutra Health on strategic stake sale to Elder Pharmaceuticals, Sangli Bank on merger with ICICI Bank, RSB Group on PE fundraise from IL&FS, among others.

Kapur joined Johnson & Johnson as a senior financial analyst after completing his MBA from the Tuck School of Business at Dartmouth. After one and half years, he was appointed as a director, Corporate Finance at KPMG. Later, he worked as a Vice President of Painewebber Inc, as Director in Credit Lyonnais Securities and Senior Vice President in Cascadia Capital, before re-joining KPMG as Executive Director, Corporate Finance. He spent more than eight years at KPMG.M3KW8MBXMFKH