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This acquisition further expands our growing distribution network by over 500 clients, including banks, insurance companies, private debt funds, mutual funds and private wealth managers,” said Anthony Di Ciollo, global head of fixed income at StoneX. Fixed income broker Octo Finances is in Paris.
Example of Merchant Banking In 2021, merchant bank Avendus Capital helped the Indian company Piramal Enterprises acquire the debt-ridden assets of Dewan Housing Finance Corporation (DHFL) for ₹34,250 crore ($4.4 What is the role of merchant banks in the capitalmarkets? It allows easy accounting software integration.
Octo Finances specialises in bond and convertible sales, debtcapitalmarkets, and credit research, serving clients including: banks, insurance companies, private debt funds, mutual funds, and private wealth managers.
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