Merrill Boosts Stake in Indian Joint Venture, Targets Wealth Management

Merrill Lynch is to pay $500 million to boost its stake in its Indian joint venture to 90 per cent as it targets growth in both investment banking and wealth management in the subcontinent. Merrill....

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By: Paul Das
December 8, 2005
Merrill Lynch is to pay $500 million to boost its stake in its Indian joint venture to 90 per cent as it targets growth in both investment banking and wealth management in the subcontinent. Merrill....