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UBS plans to build out wealth management team in India

Bank is reportedly looking to add at least seven relationship managers

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UBS is planning to build out its wealth management team in India, according to a report from Bloomberg.

The report said that the Swiss bank is looking to add at least seven relationship managers, taking its advisory headcount to 25, as well as two in portfolio management services.

UBS did not immediately respond to a request for comment from our sister publication Fund Selector Asia.

The wealth giant had re-entered the Indian market following the acquisition of Credit Suisse earlier this year.

For more insight on asset and wealth management in Asia, please click on www.fundselectorasia.com

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