It seems like eons ago when I met Naina Lal at ANZ Grindlays Bank, in Bombay. She had just joined as head of Merchant Banking. On my very first meeting with her, I was thoroughly impressed - someone whom I instantly admired but was a tad in awe of. My meeting with her, as a … Continue reading Naina Lal-Kidwai
Rather than layoff middle-rung executives, banks like Merrill Lynch and Morgan Stanley have been moving their middle men (and a few women) to the Middle-East or South Asia - most often to Mumbai, India's financial hub. The 'fortunate few' may have been relocated by their company, while numerous others who were already laid off after … Continue reading Wall Street moves to Dalal Street… Is that right? How nice!