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Heard on the Street: NRI banking gets red-hot

Despite the slew of job cuts announced across the industry this quarter, private banks are still hiring for their Non- Resident Indian (NRI) teams in Hong Kong and Singapore. HSBC, UBS and Citi Private bank are amongst those making targeted hires. “NRI bankers continue to be in demand at private banks who are desperate to tap into the off-shore Indian…

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