Comments
Swiss bank UBS today said it has appointed Oscar Balcon as the Chief Executive for its wealth management business in the country.
Balcon, who has spent 28 years with the banking major, has been relocated from Singapore, it said in a statement.
The appointment is in line with its October 2011 decision to build its domestic wealth management business in the Indian subcontinent, it added.
UBS offers equities, funds and cash products to domestic clients at present and will also be providing “sophisticated lending solutions” for both resident and non-resident Indians, it said.
It has recently hired a number of senior relationship managers and cluster heads for the business, the statement said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.