Wealth and Asset Management
Another exit of foreign bank from the cut-throat business of private banking in India
HSBC Holdings Plc is shutting its private banking unit in India, marking the exit of another foreign bank from the cut-throat wealth management business in Asia's third-largest economy. "After a strategic review of the global private banking operations in India, we have decided to close the business," an India spokesman…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters