Anshu Jain, who was currently serving as the president of Cantor Fitzgerald LP, had advised governments and industry bodies around the world.
The S&P 500 plunged more than 4% Wednesday, headed for the biggest rout in almost two years, after consumer stalwarts from Target Corp. to Walmart Inc. reported shrinking profit margins.
If it goes through, this would be the first time an Indian company takes up SPAC route make its market debut
Anshu Jain, former Detusche Bank Chief, has assumed charge as president of investment banking and brokerage firm Cantor Fitzgerald, reports The Economic Times.
Four years after Samsung, Apple has finally made its foray into the `phablet` market - a hybrid of a phone and tablet - with the launch of the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus last week. It also unveiled the long-awaited Apple Watch, which won`t be available until 2015.
Cisco warned on November 13 that revenue would decline as much as 10 percent in its second fiscal quarter ended in January and that it would not resume growth for several quarters.
The US dollar edged up but held close to a nine-month low against a basket of currencies as Fed policy continued to determine the overall trend.