UBS mulls retaining Credit Suisse unit serving India’s rich

UBS Group is reportedly considering retaining Credit Suisse’s private banking unit in India after its rival’s emergency rescue last month. UBS is assessing the possibility of keeping Credit Suisse’s wealth business amidst growing numbers of billionaires in India. UBS exited India’s private wealth management market, along with major firms, in 2014.

Apr 12, 2023 - 12:30
UBS mulls retaining Credit Suisse unit serving India’s rich
UBS Group is reportedly considering retaining Credit Suisse’s private banking unit in India after its rival’s emergency rescue last month. UBS is assessing the possibility of keeping Credit Suisse’s wealth business amidst growing numbers of billionaires in India. UBS exited India’s private wealth management market, along with major firms, in 2014.