The new centre will allow BoA to raise debt in international currency, even as the foreign bank launched two Indian bond auctions at its platform in GIFT-IFSC
In a report, Bank of America Merrill Lynch said the key drivers to achieve this feat are new commerce ventures in unorganised retail market, entry into SME enterprise space with Microsoft
The bank's non-interest expenses fell 1 percent to $13.27 billion
Contrast shows gaps between banks that have recovered from financial crisis and those that haven't
The lender is set to hire not more than 10 people to advise mid-sized firms on mergers and stock and bond offerings