#bank-of-america
Jio Financial says BoFA's Rs 18k cr to come by Dec; Jio Credit's product plans, strategy to be redrawn
Jio Credit could grow its loan book fivefold to around ₹1.5 lakh crore after Bank of America infuses ₹18,268 crore for a near-50% stake. The capital is expected by December, after which the lender plans to reassess its products and strategy to accelerate grow…
Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows
Bank of America has appointed Richard Hardegree as its new vice chair for mergers and acquisitions. Hardegree, a seasoned banker with over 30 years of experience, joins from UBS. He will focus on the semiconductor sector and will be based in Palo Alto, Califo…