UBS has opened another business solution center in China and is also investing in a new service center in India.

UBS has opened an additional business solution center in Wuxi, according to a UBS statement. It is the third location for back and middle office functions in China – the other two such operations centers are based in Beijing and Shanghai.

Switzerland's biggest bank has business solution centers in China, India, Poland and the U.S. The geographic spread helps the bank provide services around the clock.

Mumbai Investment

UBS in Mumbai has agreed to rent a further 37,000 square meters of office space for its service center, according to a report by the «Economic Times».

The offices are based in Navi Mumai, a satellite city outside the megalopolis. UBS is the first foreign bank to run a service center in Navi Mumbai, the newspaper said.