Silver Point

Thomas J. Monaco

Independent Insight Provider

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Equity Bottom-Up

* New COO, essentially replaces current CEO - who is under investigation; and * As discussed in our May 9, 2018 note, this bank is an absolute mess which in all likelihood should fail . We wish COO Bakshi all the best. However, this bank would be a challenge to even the best turnaround artists. <h2>Investment Summary</h2>ICICI Bank (ICICI.IN/ICN.US) announced the appointment of Mr. Sandeep Bakhshi – an ICICI veteran – as a full-time director and Chief Operating Officer (COO). subject to regulatory…

* New COO, essentially replaces current CEO - who is under investigation; and * As discussed in our May 9, 2018 note, this bank is an absolute mess which in all likelihood should fail . We wish COO Bakshi all the best. However, this bank would be a challenge to even the best turnaround artists. Investment SummaryICICI Bank (ICICI.IN/ICN.US) announced the appointment of Mr. Sandeep Bakhshi – an ICICI veteran – as a full-time director and Chief Operating Officer (COO). subject to regulatory…

ICICI Bank - New COO Cannot Turn The Titanic Around

ICICI Bank Ltd

ICICI Bank - New COO Cannot Turn The Titanic Around