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Nelson Chai

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'There'll only be global bourses'

The New York Stock Exchange bought a five per cent stake in India's National Stock Exchange last month. Nelson Chai, CFO and executive vice-president, NYSE Group Inc., speaks with Outlook Money's......

Merrill paid over $10 mn to top execs

Beleaguered investment bank Merrill Lynch has paid more than $10 million in cash and stock to its eleven top executives last year, says a media report.Merrill which has been taken over by the Bank......

Morgan, Merrill chiefs under pressure

The top executives at Merrill Lynch and Morgan Stanley, led by their chief executives John Thain and John Mack, will not receive bonuses this year amid growing pressure on Wall Street leaders to......

Merrill, Morgan bosses to forego bonuses

The top executives of American entities Merrill Lynch and Morgan Stanley will forego their yearly bonuses amid the Wall Street executives coming under fire for the ongoing financial turmoil, say......

NYSE, Goldman Sachs to pick up 20% stake in NSE

Marking the opening up of the Indian stock exchanges to foreign investment, the world's largest stock exchange -- New York Stock Exchange -- on Wednesday entered India by inking a deal to pick up a......

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Nelson Chai

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Coming to India and making

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