HSBC hires UBS's Gautam Anand for role serving India's rich diaspora

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Key Points

HSBC Holdings Plc hired a senior private banking executive from UBS Group AG where he ran a team serving wealthy Indians who live overseas...

Our strategy is grow Singapore as an international wealth hub as part of our ambition to be Asias leading wealth manager, Tommy Leung, the banks head of private banking for South Asia, said in the memo..

Anands appointment will support the banks ability to serve clients across markets, said Leung, who joined the bank earlier this year also from UBS...

Anand joined UBS in January and left shortly after at the end of August, according to the Monetary Authority of Singapores records, amid disruptions thrown up by the Swiss lenders takeover of Credit Suisse..

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