π HSBC to return to India equity broking after 13 years
HSBC is planning to re-enter the Indian equity broking market following a long absence. This major move is set to happen in India, according to industry sources. The bank has been away from the market for 13 years, coinciding with a recent surge in IPO activity. This return signals a significant strategic shift by the global financial giant. The exact timeline for the official re-launch is yet to be confirmed by the bank.