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HSBC plans to re-enter India’s stockbroking market after 13 years
The brief
- HSBC aims to launch its broking business in the next few months
- The business will target high-net-worth individuals amid an IPO boom
- More competition could affect Indian brokers and benefit investors seeking wealth-management services
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HSBC's return to Indian stockbroking
HSBC plans to re-enter India’s stockbroking market after 13 years, aiming to launch within months and target high-net-worth individuals amid an IPO boom. A later report described a broader push to attract affluent clients and fuel growth.
Monday, 28 September
Thursday, 24 September
- HSBC plans to re-enter India’s stockbroking market after 13 years