Madan Menon Likely to Quit RBS to Start Own Fund

The Economic Times - - Money & Banking -

Madan Menon, head of in­ter­na­tional bank­ing, Asia Pa­cific, at Royal Bank of Scot­land, is spec­u­lated to be quit­ting his job to start a fund on his own. Menon’s claim to fame in the In­dian bank­ing in­dus­try was when Bar­clays Cap­i­tal led the con­vert­ible bonds boom in In­dia be­fore the credit cri­sis. In fact, In­dia had the distinc­tion of be­ing the big­gest is­suer of the in­stru­ment dur­ing the pe­riod even though other economies had more so­phis­ti­cated fi­nan­cial mar­kets. The banker known for a strict fit­ness regime, had han­dled var­i­ous portfolios in­clud­ing in­vest­ment bank­ing, struc­tur­ing, eq­uity cap­i­tal mar­kets, M&As, debt cap­i­tal mar­ket, for­eign ex­change and fixed in­come.

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