Credit Suisse is making in-roads into the Indian wealth management market by launching its Lombard Loan products to local clients.
Date: Oct 1, 2010
Tags: Credit Suisse, India
Credit Suisse is making in-roads into the Indian wealth management market by launching its Lombard Loan products to local clients.
This new product line allows the bank to provide financing to clients through its non-banking financial company in India.
The core offering includes lending on single stock as well as diversified portfolios including equities, mutual fund units, fixed deposits and structured products.