HSBC Returns to India Equity Broking
HSBC is reviving its India equity broking business after a 13-year absence to tap into surging market demand and a robust pipeline of share sales. The lender is hiring senior executives and aims to launch retail services over the coming months.
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HSBC HOLDINGS PLC-SPONS ADR is reviving its equity broking business in India after a 13-year hiatus, targeting retail investors amid an IPO boom. The London-headquartered lender is hiring senior executives for cash equities and institutional broking. The expansion follows a 4% rise in the bank's first-half net profit for 2026.
