Hinduja Holding Buys Swiss Bank Published: 13.03.2010 | Author: interact | Category: Business Hinduja Swiss Holding Ltd Cheap Marquinhos Jersey , holding company of Hinduja Bank (Switzerland) Ltd. (HBS), announces the acquisition of Banca Commerciale Lugano (BCL). BCL will be subsequently merged with HBS, which offers a full range of services covering Wealth Management, Trade Finance, Investment Solutions and Corporate Finance to its Customers. HBS presently provides services at its five locations in Switzerland (Geneva, Zurich, Lucerne Cheap Marco Verratti Jersey , Basel, St. Margrethen). It covers the Middle-East and the Sub-Continent markets through its fully owned subsidiary Hinduja Bank (Middle East) Ltd based in Dubai, regulated by the Dubai Financial ServicesAuthority, and IndusInd Bank Ltd in India, conceived by HBS Chairman, Mr. Srichand P. Hinduja, which has an extensive network of offices and points of presence in about 1000 centers all over India. HBS provides access to the Indian Capital market via a recently acquired majority stake in a Financial Services company Cheap Lucas Moura Jersey , Paterson Securities Pvt. Ltd. The latest acquisition adds the third key financial centre in Switzerland, Lugano, to the HBS network, as well as a fully licensed bank in the Cayman Islands. This will enable HBS to provide a bridge to its Customers in Southern and Eastern Europe as well as North, Central and South America linking the Trade Finance and Investment opportunities available in the markets of the Middle East, the Indian Sub-continent and South East Asia. This investment reaffirms the Hinduja Group鈥檚 commitment towards meeting the requirements of its Customers to reach financial markets globally while operating from a well established base in the centre of Europe.
鈥淚n this acquisition we saw businesses that were aligned with our growth strategy; established Wealth Management and Trade Finance services and an opportunity to link our Customers in South and East European regions as well the Americas with our presence in growing markets of the Middle East, the Sub-continent and the South East Asia鈥?– Mr. Srichand P. Hinduja Cheap Lucas Jersey , Chairman – Hinduja Swiss Holding Ltd and Hinduja Group.
The transaction was advised for the buyers, by Bernasconi, Martinelli, Alippi & Partners (legal), KPMG (financial audit) and Hinduja Bank (Switzerland) Ltd (financial advisory).
About Hinduja Group – The Hinduja Group is one of the largest diversified groups in the world. The Hinduja Family contributes to old economy sectors such as Banking, Finance, Transport Cheap Layvin Kurzawa Jersey , and new economy of Technology, Media and Telecom in India. The Group employs over 40,000 people and has offices in many key cities of the world and all the major cities in India. The Hinduja Family has always adapted to free-market reforms moving quickly in new markets that have opened, and capitalizing on new economy opportunities. As a result, the Hinduja Group has now strategically positioned itself to contribute to old economy sectors such as Banking & Finance, Transport, Energy (Oil & Power) as well as the new economy of Technology Cheap Kylian Mbappe Jersey , Media and Telecom.
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LAGOS, May 11 (Xinhua) -- Nigeria's under-23 men's football team would resume camp on May 25 for the 2016 Olympic Games, the team spokesperson said on Monday.
Timi Ebikagboro, the Media Officer of Nigeria's U23 Cheap Julian Draxler Jersey , said the Nigerian side would be resuming ahead of the qualifiers for the 2016 Olympic Games scheduled for Rio in Brazil.
The Nigerian team had been on break since April 17, after securing a spot at the 2015 All-Africa Games (AAG) scheduled for Congo-Brazzaville.
Ebikagboro said players would be selected for camping based on merit, while the overseas-based ones would be invited to reinforce the team if the need arose.
According to him, players who have not measured up will be dropped for those who can add value to the team.
The team spokesperson said the players should not see their qualification for the AAG as the ultimate.
Nigeria failed to qualify for either of the men and women events of the 10th AAG in Maputo, Mozambique in 2011.
The West African nation team also failed to qualify for the 2012 Olympics in London.
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