360 ONE WAM Limited has acquired UBS AG's India wealth management business for Rs 307 crore. The deal includes stock broking and portfolio management. UBS will get a 4.95% stake in 360 ONE WAM. Both firms will collaborate to offer wealth management solutions. This partnership aims to strengthen market position in India. It will help serve global Indian clients better.
from Banking/Finance-Industry-Economic Times https://ift.tt/rcxfo5n
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