Three BofA India Executives Exit During Stock Offering Investigation
Originally Published 1 year ago — by Yahoo Finance
Three senior bankers from Bank of America's India operations have left the company amid an internal investigation into alleged misconduct related to stock offerings. The bankers involved are Debasish Purohit, Subhrajit Roy, and Vikram Khaitan. The probe includes transactions such as the 15-billion rupee share sale by Aditya Birla Sun Life Asset Management. Indian regulators have been investigating the matter since September.