Global investment bank Morgan Stanley is hiring Dick H Mody to head as executive director sales to deal majorly with its European clients. Mr Mody has huge experience in sales as he earlier headed equity sales at Deutsche Securities since 2008.
Prior to Deutsche, Mr Mody headed the sales effort for Morgan Stanley in the US for more than four years. In line with this another major player the leading UK bank.
Barclays Capital has appointed Neal Shahani, former vice-president and head trader at India Infoline to cater towards Indian equity capital market.
One more new entry in Barclays is Bhavtosh Vajpayee, a senior analyst at CLSA. It looks like that the recent trend in market of huge foreign capital inflows which is driving development of equity and capital market to higher level attracting lot of foreign and domestic financial institutions to earn from Asia"s third largest economy and one of the fastest growing in world.