Devesh Kumar would take over as head of equities
for the bank in India as the firm is firming up its equities
business in the nation and region.
Working with other business heads from the equities
division, White will be responsible for managing the firm's integrated strategy across electronic product development, the distribution of products to clients and liquidity aggregation and provision.
"We remain committed to our clients in continuing to invest in our market leading Indian equities
franchise across both the primary and secondary markets.
"We owe a lot of this success to our exceptional team of employees as well as the outstanding relationships we have built in the brokerage, investment, and corporate communities." Ivy Equities
, LLC was formed as a diversified investment company offering high net worth investors and institutions opportunities to invest in commercial real estate and private equity.
Responsibilities: He oversees the operation of Jackson Securities, a national institutional and retail investment banking firm that has earned a solid reputation in corporate finance, public finance, and private equity financing, as well as institutional equities
and fixed-income trading.
By contrast, the middle 70 percent of households have 60 percent of their net worth in their home and only 12 percent in equities
and 12 percent in pension accounts of which only half are defined contribution.
* There will be a market correction in dot-com valuations over the next six to 12 months, causing hybrid or brick-and-mortar valuations to converge with dot-coms; however, the equities
market in B2C dot-coms will stabilize, and increase beyond 12 months, as investments flow in from traditional enterprises (0.7 probability).
Jason Griffith, global head of equities
at Jefferies commented, "The continued expansion of our international equity sales and research sales teams underscores the global nature and coverage of Jefferies' equities
"This strategic expansion of Patriot Equities
' all-star lineup furthers the company's growing reputation as the premier destination for corporate real estate professionals, and validates the strength of our core mission: streamlining processes for the executives responsible for the estimated $3 trillion of real estate owned by corporate America," says Erik Kolar, president and CEO of Patriot Equities
Since the secular bull market in global equities
cracked early in 2000 with the Nasdaq crash, global P investors have warily been eyeing the US dollar as an over-priced asset.
Equity real estate offers solid cash flow compared with other kinds of equities
that provide a return only when sold, he said.
Before the enactment of the GLB Act, banking organizations were permitted to invest in equities
to a limited extent.