JTC buys Kleinwort Benson funds admin business
JTC has acquired Kleinwort Benson’s fund administration business in South Africa and the Channel Islands, which it says will boost its global headcount by 40% to 450 people.
Channel Islands
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Jersey foreign direct investment passes £65bn
Jersey has attracted more than $65bn and distributed over $75bn annually, according to a new report commissioned by Jersey Finance, the representative body for the crown dependency’s financial community.
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Guernsey funds bolster UK growth, says KPMG
Guernsey funds drive £25bn of investment into the UK from global investors, according to a report from financial services giant, KPMG.
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PwC appoints new head of tax
PwC has appointed a new head for its Channel Islands tax practice to replace Wendy Dorman in the role as she retires this summer after seven years in the role.
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RBC appoints Foster to head Channel Is fiduciary
RBC Wealth Management, part of the Royal Bank of Canada, has appointed David Foster as head of fiduciary services at its Channel Islands-based fiduciary business, RBC Wealth Management International.
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Rowan Dartington targets international
Rowan Dartington has tapped into the international wealth management market with the rebrand and full launch of its international wealth platform.
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guernsey gains sp rating after agency hiatus
Guernsey has been given a Standard & Poor's credit rating of AA+ after a spell in which the island has not used any ratings agency to assess its borrowing capabilities.
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Guensey finance sector adds less to economy
Guernsey’s financial sector contributed 1.3% less to its gross domestic product in 2013 than in the previous year, according to figures released by the State of Guernsey’s Policy Council yesterday.
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Ogier announces four Channel Island promotions
Ogier Legal has announced four promotions within its Channel Islands-based lawyer teams.
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Guernsey sees year long spike in new
Guernsey approved 26 new investment funds in the first quarter of this year, creating a total of 113 additions in the 12 months up to March.
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channel islands torn over pms beneficial
David Camerons recent letter to overseas territories about the importance of beneficial ownership has received a divided response from senior figures in Jersey and Guernsey.
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channel islands securities exchange names
Guy Coltman, a corporate partner of the Carey Olsen law firm’s Jersey practice, has been appointed a non-executive director of the Channel Islands Securities Exchange, as three other board members have resigned.