HSBC buys India-based investment manager for $425m
As part of its strategy to become ‘a leading wealth manager in Asia’
As part of its strategy to become ‘a leading wealth manager in Asia’
Information must be submitted before it is encashed
They will have to send their banks in India advance notifications or face having transactions cancelled
It has appointed over 25 private bankers and investment advisers within its international business
They are apprehensive and confused about the frequest changes to various rules
It has been at a record low since May 2020
Move is aimed at nabbing tax evaders and failure to comply will attract a fine and invalidate the card
The ‘significant hires’ evidence the firm’s ‘deep commitment’ to the onshore market
It reportedly wants to widen retail investor’s access to institutional products
It will bolster its offering for HNW and UHNW individuals in the ‘key growth market’
Headcount in India has jumped 130% in two years
He has been with the Swiss bank for more than 20 years