HSBC has appointed Gautam Anand, formerly with UBS, as Global Coordinator for Global India, the Middle East, North Africa, and Europe, effective December 1. The move is part of HSBC’s strategy to position Singapore as a key international wealth hub, aiming to become Asia’s leading wealth manager. Anand’s expertise in serving wealthy Indians abroad aligns with the bank’s goal to tap into India’s growing wealth management sector, predicted to reach $5.5 trillion by 2025. HSBC’s expansion efforts come amid increased interest from global and regional firms, emphasizing India’s potential amid rapid economic growth.
HSBC Strengthens Wealth Management with UBS Hire for Global Expansion
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