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Ambit focuses on building a vertical ecosystem for wealth clients in India

For the past year, India’s Ambit has been revamping its wealth business for an increasingly competitive domestic market. But the COVID-19 pandemic has made it focus on vertical, not horizontal, expansion. Amrita Farmahan, who was appointed CEO of Ambit Global Private Client, the investment bank’s wealth management arm, in October 2019, explained to Asian Private Banker that the firm is…

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