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Hinduja Group: ‘In talks on several M&A deals’

Hinduja Group: ‘In talks on several M&A deals’

Family-run Hinduja Bank, based in Switzerland, which has been linked with KBC’s private banking arm, is in discussions with several potential M&A targets, according to group CFO Ajay Hinduja. The bank, which bought Banca Commerciale Lugano last month...

 

Latest Headlines

Industry adopts ‘wait-and-see’ RDR policy

(Free) UK Wealth managers are adopting a wait-and-see approach to the Retail Distribution Review (RDR), as uncertainty over the future of the Financial Services Authority casts a shadow over the initiative.

EFG sustains onshore push with Florida office

(Free) EFG International has continued its onshore drive overseas, adding an office in Key Biscayne, Florida, to recent openings in Shanghai and Demark.

Investors study climate change risks

(Free) Institutional investors and consultancy Mercer are joining forces to study the impact of climate change on strategic asset allocation.

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Latest Features

Recession-proof clients?

Recession-proof clients?

Sports professionals and entertainers are known as a potentially lucrative community in wealth management because of the rapid growth in salaries in recent decades.

CS AuM ‘will be bigger than UBS in Q4’

CS AuM ‘will be bigger than UBS in Q4’

Credit Suisse could eclipse UBS as Switzerland’s largest wealth manager in assets under management by the end of this year if it maintains its current rate of growth, according to Morgan Stanley analyst Huw van Steenis

BNP sets up in Morocco, eyes Egypt

BNP sets up in Morocco, eyes Egypt

Africa is likely to be the slowest-growing region measured by wealth generation in the coming years, but there are some pockets of the continent which are being targeted by private banks.

 

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