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Market Chatter: HSBC Said to Return to Equity Brokerage Business in India

MT Newswires·09/25/2026 01:13:46
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01:13 AM EDT, 09/25/2026 (MT Newswires) -- HSBC (HSBA.L) is reportedly planning a return to the equity brokerage business in India in the next few months after exiting the business in 2013, Reuters reported Thursday, citing sources familiar with the matter. The British lender intends to use its existing broking license held through its subsidiary HSBC InvestDirect Securities (India) Pvt Ltd to relaunch its equities platform, the report added. The appointment of senior executives for cash equities and institutional broking positions is also reportedly underway. HSBC did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)