PEOPLE MOVES: JTC, Indosuez, UBS, Intrinsic
JTC hires duo for new private office and Indosuez appoints Gulf market manager
JTC hires duo for new private office and Indosuez appoints Gulf market manager
Acquisition adds new Dubai office and extends the firm’s reach in sub-Saharan Africa, India and Asia
A week after it announced plans to undertake an initial public offering, Jersey-headquartered JTC raised £243.8m ($340m, €275m) from institutional investors and was admitted to the LSE on Wednesday.
Jersey-headquartered JTC Group has acquired Merrill Lynch Wealth Management’s International Trust and Wealth Structuring (ITWS) business, which provides the administration of trust services for the firm’s international advisory clients.
Jersey-headquartered JTC has launched a recognised overseas pension scheme (Rops) aimed at supporting UK expatriates globally through its operation in Malta.
Jersey-headquartered JTC has been granted a trust licence in South Dakota allowing the company to offer an enhanced range of trust services to its private and corporate clients with US elements to their planning needs.
The Shanghai-based wealth manager Noah Holdings has set up a trust with international service provider JTC in Jersey to address the increasing succession planning needs of its high net worth clients in China.
Fund service provider JTC Group has completed its acquisition of GAM’s Cayman Island-based fund administration business.
Client services provider JTC has hired Michelle Le Herissier to head up its office in the British Virgin Islands (BVI), with Latin America and Asia identified as core growth markets for the business.
Fund service provider JTC Group has added to its fast-growing acquisition list with the purchase of GAM’s fund administration business in the Cayman Islands.
Fund services provider JTC had added to its growing acquisition list with the purchase of Luxembourg-based Signes.
Multi-national company JTC has completed its takeover of Kleinwort Benson’s fund administration business, which will bolster its operations in the Channel Islands and give it a permanent base in South Africa.