News
INVESTMENT BANKING | Tony Chua, India
view(s)

ICICI Bank and Oppenheimer investment banking units join forces

The tie-up to cover securities activities such as equity and debt capital markets services, advisory services, private equity transactions, and wealth management.

Investment banking units of India's ICICI Bank Ltd. and the U.S.-based Oppenheimer Holdings Inc. have agreed to form a non-financial partnership to tap business opportunities in the two countries, the companies said Wednesday, according to a report in The Wall Street Journal.

ICICI Securities Ltd. and Oppenheimer & Co. Inc. have formed a strategic alliance covering a wide range of securities activities including equity and debt capital markets services, advisory services, private equity transactions, and wealth management, the companies said in a press statement.

ICICI Securities recently announced a similar pact with the U.K.-based financial advisory group Collins Stewart Hawkpoint PLC to promote joint access to each others' core markets.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.