Religare Capital Markets, an Indian equities, corporate finance and equity capital markets (ECM) investment bank, has signed a Memorandum of Understanding with Thailand’s Trinity Securities (Trinity) for advisory, execution and investment banking services.

Through the strategic partnership, the companies will provide clients with insights on the Thai market as well as advise rapidly growing companies in Thailand, including those in the mid-market segment that remain under-served.

Through this partnership, Religare aims to strengthen its capabilities and presence in the Asia region, specifically Thailand, while Trinity is looking expand its footprint into an international client base.

Religare Capital Markets head of ASEAN equities Matthew Lutter said: "Trinity and Religare Capital Markets have maintained close links over the last few years and we are delighted to be in business together.

"Trinity’s strength and local knowledge in the Thai market is unparalleled, and will help us to gain a deeper understanding of localized investment trends. We aim to continue to build on our strength and specialisation in the ASEAN mid cap segment."

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