HSBC plans to re-enter India’s equity broking market more than a decade after exiting. The London-based bank has started rebuilding its platform and is currently hiring for key roles.
The move aims to capitalize on India’s surging IPO pipeline and rising demand for equity products from wealthy clients. This expansion aligns with the bank's broader strategy to prioritize Asian wealth management services.
HSBC identifies India as a significant growth market for its capital markets business.