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UBS set to exit banking biz in India

Deccan Herald
Saturday, 22 June 2013

*Swiss bank UBS AG will surrender its Indian banking license and close its banking unit, covering fixed income, forex operations and credit services, a source with direct knowledge of the matter told Reuters on Saturday.*

However, UBS will continue its corporate client service business, which includes mergers and acquisitions,...
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Source: wochit business - on June 19, 2013

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