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BNP Paribas to form US$3B asset management JV in India

After exiting its Indian onshore wealth management business in 2020, BNP Paribas is expanding its presence in the country’s asset management market with a new partnership, Asian Private Banker has learnt. The wealth manager’s €537 billion fund management unit has joined forces with Bank of Baroda, the second largest state-owned lender in India, to form Baroda BNP Paribas Mutual Fund….

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