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BESI in India

BESI advances to Investment Banking in India

MUMBAI, BESI

A year after BESI having opened a brokerage in India, under the name Espírito Santo Securities, behold Espírito Santo Securities in India evolves into investment banking. The bank last week named George Mathew as head of investment banking in India.

"We decided to create a team to develop the areas of Capital Markets and Mergers and Acquisitions in India, especially from the perspective of cross-border" told Diário Económico (portuguese newspaper), Luís Luna Vaz, Non-executive Chairman of the Bank’s unit in India and CEO of BESI in London, to whom the Investment Bank in India is closely linked.