Bombay's Dalal Street witnessed a high profile defection yesterday January 9 when Mihir Doshi, head of JM Morgan Stanley Securities resigned to join CSFB where he is expected to be primarily responsible for building up the firm's broking business.
His departure from Morgan Stanley, where he has spent the last 22 years, was not entirely unexpected and came on the day he banked his annual bonus. Two of his chief global mentors - Vikram Gandhi and Vikram Pandit - have both left the US investment bank over the past year following tussles over ousted CEO Philip Purcell's leadership.
At CSFB, Doshi will join Ajeya Singh, son...
