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Hinduja Bank (Switzerland)

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S.P. Hinduja Banque Privée
Company typePrivate Company
IndustryPrivate Banking
Founded1978
HeadquartersGeneva, Switzerland
Key people
S.P. Hinduja (Chairman Emeritus)

Shanu Hinduja (Chairwoman)

Karam Hinduja (CEO)
ProductsPrivate Banking, Wealth Management, Corporate Finance
Number of employees
200+
SubsidiariesGeneva, Zurich, Lugano, London, Dubai
Websitewww.sphinduja.com

Hinduja Bank (Switzerland) Ltd was founded as a finance company in 1978 and became a Swiss regulated bank in 1994. It has changed its name to S.P. Hinduja Banque Privée.[1][2] Hinduja Bank [3][4] has its headquarters in Geneva and has a developed network in Switzerland including offices in Zurich and Lugano. Additionally, it has a global presence in London, Dubai, Paris, New York City, Mauritius, and Chennai.

S.P. Hinduja Banque Privée is an innovative Swiss bank with roots in India, offering wealth management and investment advisory services to entrepreneurial clients.

The bank's divisions include Wealth Management, Corporate Finance, and Global Investment. Hinduja Bank (Switzerland) Ltd, now S.P. Hinduja Banque Privée,[5][6] is wholly owned by S.P. Hinduja.[7]

In December 2009, it was announced that S.P. Hinduja Banque Privée [8][9] acquired a majority stake in Chennai-based Paterson Securities Pvt. Ltd.[10]

In February 2010, it was announced S.P. Hinduja Banque Privée [11][12] acquired Lugano-based Banca Commerciale Lugano SA.[13][14]

In June 2020, it was announced that Karam Hinduja was appointed as S.P. Hinduja Banque Privée's CEO.[15] [16][17]

S.P. Hinduja Banque Privée [18][19] also has a 100% owned subsidiary in Dubai with a Category 1 Banking License. This license enables it to provide a full range of banking services from the Dubai International Financial Centre (DIFC). The name of the subsidiary is Hinduja Bank Middle East Ltd (HBME). This entity is authorised and regulated by the Dubai Financial Services Authority (DFSA).

Hinduja Bank Middle East Ltd (HBME) has recently changed its name to S.P. Hinduja Advisory Limited.

References

  1. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  2. ^ "SP Hinduja Banque Privée". sphinduja. Retrieved 2021-10-11.
  3. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  4. ^ "SP Hinduja Banque Privée". SPHinduja. Retrieved 2021-10-11.
  5. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  6. ^ "SP Hinduja Banque Privée". sphinduja. Retrieved 2021-10-11.
  7. ^ Jonathan, Browning (23 June 2020). "Four Brothers Fight Over Letter Dividing $11.2 Billion Fortune". Bloomberg. Retrieved 6 July 2020.
  8. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  9. ^ "SP Hinduja Banque Privée". sphinduja. Retrieved 2021-10-11.
  10. ^ "Hinduja Bank takes controlling stake in Chennai based Paterson securities - Economic Times". Economictimes.indiatimes.com. 2009-12-07. Retrieved 2013-08-18.
  11. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  12. ^ "SP Hinduja Banque Privée". sphinduja. Retrieved 2021-10-11.
  13. ^ "Hinduja acquires Swiss bank". Business Standard. 2010-02-17. Retrieved 2013-08-18.
  14. ^ "Yahoo India News - Latest India News & World News Headlines". In.news.yahoo.com. Retrieved 2015-02-24.
  15. ^ "Hinduja Scion Takes Over at Family's Swiss Bank". FinNews.com. 15 June 2020. Retrieved 6 July 2020.
  16. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  17. ^ "SP Hinduja Banque Privée". sphinduja. Retrieved 2021-10-11.
  18. ^ "Karam Hinduja's mission to redefine the meaning of wealth management". FortuneIndia. Retrieved 2021-10-11.
  19. ^ "SP Hinduja Banque Privée". sphinduja. Retrieved 2021-10-11.