Paterson & Co.
Established in 1935 and based in Chennai, PATERSON is one of India’s oldest stock broking firms and a founding member of the Madras Stock Exchange. PATERSON’s business operations focus on stock broking, derivatives trading, portfolio and wealth management, NRI services,
government securities, corporate advisory / investment banking and allied financial services. PATERSON is a member of National Stock Exchange and Bombay Stock Exchange for stock broking, and will soon be foraying into
currency trading as a member of both National Stock Exchange and Multi Commodity Exchange.
The firm is well-known for the excellence of its investment services, as well as for the depth and long-standing relationships with companies, entrepreneurs and investors in South India as well as major cities across the nation. Dun & Bradstreet’s annual surveys have regularly recognized Paterson as a leading stock broking company in India.
PATERSON, which recently ventured into providing a comprehensive suite of NRI and portfolio management services, enjoys the patronage of a diversified group of customers comprising financial institutions, large corporate groups, high net-worth individuals and retail clients.
Already serving some companies of the Hinduja Group, PATERSON started discussions with Amas Bank early 2008. The investment was agreed in July and received the approval of NSE and BSE. Financial Terms are not disclosed.