Davis Polk & Wardwell is advising former Citigroup boss Vikram Pandit, who was forced out as head of the global banking giant last year, on his return to the financial services industry through his investment in India's JM Financial Group.
May 20, 2013 at 07:00 AM
1 minute read
UPDATE: 5/21/2013, 9:50 a.m. EDT. Information on the lawyers advising Morgan Stanley on the sale of its Indian wealth management unit to Standard Chartered has been added to the final paragraphs of this story.
Seven months after stepping down as head of global banking giant Citigroup, Vikram Pandit is making his return to the financial services industry by taking a 3 percent stake in Indian financial services firm JM Financial Group.
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