Why Investment Banks Are Downsizing in India

Why Investment Banks Are Downsizing in India Play

Feb. 18 (Bloomberg) -- Investment banks from UBS to Morgan Stanley spent half a decade building their operations in India, betting that a growing economy would trigger a boom in mergers and stock sales. They’ve spent the last three years reversing that expansion. Mia Saini explains why on Bloomberg Television's "First Up." (Source: Bloomberg)

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