Hsbc, Stanchart Seen Likely Bidders For Zurich Arm
The HongKong & Shanghai Banking Corporation and Standard Chartered Bank are among those believed to have expressed interest in acquiring the assets of Zurich Financial Group in India.
The Indian fund houses are learnt to have put in bids, even as the parent company of Zurich is in talks with Prudential Financial Group of the US to sell off its Indian arm