BlackRock acquires Merrill Lynch's 40% stake in DSP Merrill Lynch Fund Managers as part of the global deal between the companies.
DSP Merrill Lynch poaches Nipun Sahni from GE Commercial Finance, to spearhead real estate principal investments for the firm in India.
DSP Merrill Lynch appoints Patricia McLaughlin vice chairman of India investment banking to cement its investment banking franchise in the country.
Merrill Lynch continues hiring spree in India signing up Munesh Khanna as head of investment banking and moving Amit Chandra to global markets and proprietary investments role.
DSP Merrill Lynch bolsters India business announcing five key hires within global markets and investment banking.