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ubs explores stake in indian wealth management firm 360 one

UBS is reportedly in talks to acquire a stake in 360 One, a prominent Indian wealth management firm, reflecting the country's increasing significance in global banking strategies. This move aligns with a broader trend, as HSBC also aims to expand its presence in India's wealth management sector, targeting high-net-worth individuals beyond major cities. India's wealth landscape is rapidly evolving, with a notable rise in high-net-worth and ultra-high-net-worth individuals, indicating a lucrative market for foreign investment.
Il Sole 24 ORE
Indian Rupee United States Dollar KKR & Co. Inc. Bain Capital Specialty Finance, Inc. Knight Frank LLP Kotak Mahindra Bank FUT, March Blackstone Inc. CHN IND JPN Knight Frank Show more
Business & Industry, Market Report
16:15 17.03.2025

standard chartered targets wealthy clients with new india strategy

Standard Chartered is revamping its strategy in India to capture the growing wealth market, mirroring trends among global wealth managers. The number of individuals with over $30 million in investable assets is projected to rise by 50% from 2023 to 2028. The bank plans to focus resources on 10 key cities experiencing significant wealth growth.
Moneycontrol
United States Dollar Standard Chartered PLC Deutsche Bank Aktiengesellschaft UBS Group AG GBR Chengappa Knight Frank Show more
Finance & Economy, Market Report
04:37 23.10.2024
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