Bank of America is strengthening its India operations by hiring Anshul Gupta from Avendus Capital to lead its investment banking division. This move signals a renewed focus on India's booming financial market amidst intense global competition.
Danny Shum Chap-shing took a two-win lead over Caspar Fownes in the Hong Kong trainers' championship after securing a double at Sha Tin on Sunday. Fownes also had a win at Sha Tin, while Hayes kept his slim title hopes alive. Alexis Badel also achieved a brace of wins.
Hong Kong can still aim for second place in global IPO fundraising this year, according to Paul Uren of JPMorgan, despite New York potentially taking the top spot. Concerns exist over potential fund outflows due to a large SpaceX IPO.
