Union Bank plans entry into new biz

Union Bank plans entry into new biz

“Once the asset management business is in place, we will start the process of looking for the internationally reputed player for our proposed wealth management business,” Union Bank of India Chairman & Managing Director M V Nair said.

Possibly after next 5-6 months, the bank will start scouting for a partner to offer the best in class wealth management products and services, he said.