HSBC, UBS to expand wealth management arms in India

HSBC, UBS to expand wealth management arms in India

FILE PHOTO: HSBC logo is seen in this illustration taken December 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

HSBC and UBS are expanding their wealth management arms in India to compete with local rivals, the Financial Times reported on Monday.

UBS looking to acquire shares in 360 ONE, one of India’s largest wealth management companies, the FT said, citing two people familiar with the matter.

Reuters

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter

This is your last free story for the month. Register to continue reading our content