A small Swiss wealth manager clinched a tie-up with Geneva's Hinduja Bank. The tie-up is piloted by two prominent female bankers.
When Shanu Hinduja speaks, the U.K. «Times» listens – for good reason: the 55-year-old is one of the candidates to take over the eponymous financial conglomerate, which earns $50 billion in revenue annually, from her father, Srichand Hinduja.
Shanu Hinduja, who is based in Monaco, already oversees the family's private bank in Geneva – a perch from which she has issued a call to action for diversity and equality in finance. At an event in Zurich, Hinduja shared the stage with Caroline Fiala (pictured below), director at Swisspartners, a Zurich-based wealth manager founded and presided over by her father, Martin Egli.
Loose Ties
The two women aim for their firms to cooperate loosely: Hinduja has a banking license, while Swisspartners possesses extensive expertise in wealth planning. Both houses are also interested in art – renowned Indian artist Viveek Sharma (pictured below) also attended the event, held at Zurich-based gallery Fabian & Claude Walter.
Fiala, who is 33, wants to expand Swisspartners' expertise in art and embed it into the firm's financial offering – another point in common with Hinduja's 25-year-old bank.
