Axis Bank’s investment banking subsidiary - Axis Capital, has entered into an alliance with Baird to offer investment banking services. Initially the firm would focus on cross-border mergers & acquisitions (M&A) between India and Europe, and between India and the US, would also get with regulatory clearance for other investment banking services like public offerings in the US and private placements of equity.
Baird is an employee-owned, international capital markets, private equity, wealth and asset management firm with offices in the United States, Europe and Asia. Baird, since 2007, has advised on more than 230 M&A transactions representing $43 billion in transaction value and has served as lead or co-manager on 250 equity offerings raising more than $76 billion.
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering large and mid-corporate, SME, agriculture and retail business.
