Tag: Indian lenders

The fee pool is disproportionately small as the board and executives of the companies led by Deepak Parekh, then chairman of HDFC, drove the merger process, and the role of the advisers was limited. (File)
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HDFC, HDFC Bank merger was worth $64 billion. Guess how much advisers made

 July 4, 2023  Leave a Comment on HDFC, HDFC Bank merger was worth $64 billion. Guess how much advisers made

A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the…

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