Asset Management

UBS eyes private banker hires in India wealth push

Bank set to make its mark in India again after Credit Suisse acquisition

Can UBS cash in on a play for the country's rich?
Can UBS cash in on a play for the country's rich? Photo: Jakub Porzycki/Getty Images

UBS is planning to bolster its private banking offering in India, according to reports, as it looks to cash in on a burgeoning wealth management market in the wake of its Credit Suisse takeover.

The Swiss bank is looking to gain a foothold with India's rich after the deal, Bloomberg reports, by taking advisory headcount up to 25 in the country with at least seven new hires.

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