Hinduja Bank
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Hinduja Bank Ltd is a Swiss bank.


History

Hinduja was founded as a finance company in 1978 and became a Swiss regulated bank in 1994. It changed its name to S.P. Hinduja Banque Privée. Hinduja Bank has its headquarters in
Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaki ...
and has a developed network in Switzerland including offices in Zurich and
Lugano Lugano (, , ; lmo, label=Ticinese dialect, Ticinese, Lugan ) is a city and municipality in Switzerland, part of the Lugano District in the canton of Ticino. It is the largest city of both Ticino and the Italian-speaking southern Switzerland. Luga ...
. Additionally, it has a presence in
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
,
Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
,
Paris Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. S ...
,
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
,
Mauritius Mauritius ( ; french: Maurice, link=no ; mfe, label=Mauritian Creole, Moris ), officially the Republic of Mauritius, is an island nation in the Indian Ocean about off the southeast coast of the African continent, east of Madagascar. It incl ...
, and
Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...
.


Services

S.P. Hinduja Banque Privée has roots in India, and offering wealth management and investment advisory services to entrepreneurial clients. The bank's divisions include
Wealth Management Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high- ...
,
Corporate Finance Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and anal ...
, and Global Investment. Hinduja Bank (Switzerland) Ltd, now S.P. Hinduja Banque Privée, is wholly owned by S.P. Hinduja. In December 2009, it was announced that S.P. Hinduja Banque Privée acquired a majority stake in Chennai-based Paterson Securities Pvt. Ltd. In February 2010, it was announced S.P. Hinduja Banque Privée acquired Lugano-based Banca Commerciale Lugano SA. In June 2020, it was announced that Karam Hinduja was appointed as S.P. Hinduja Banque Privée's CEO. S.P. Hinduja Banque Privée has a 100% owned subsidiary in
Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...
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) changed its name to S.P. Hinduja Advisory Limited.


References

{{Reflist Banks of Switzerland Organisations based in Dubai Hinduja Group 1978 establishments