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For advising on $64 billion HDFC-HDFC Bank merger, bankers get a 0.0002% fee

For advising on $64 billion HDFC-HDFC Bank merger, bankers get a 0.0002% fee
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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For Advising on a $64 Billion India Bank Deal, Bankers Get a 0.0002% Fee

(Bloomberg) A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleBank of America Says it Started Talks With ....

United States , Pranav Haldea , Bloomberg Businessweek , Deepak Parekh , Citigroup Inc , Housing Development Finance Corp , Goldman Sachs , Database Group , Bank Ltd , Goldman Sachs Group Inc , Jpmorgan Chase Co , Morgan Stanley , America Corp , Jefferies Financial Group Inc , Development Finance , Prime Database Group , Kotak Mahindra Capital , Axis Capital , South Asian ,