BNP Paribas sells Jersey trust business
Deal bolsters the acquirer’s operation in the Channel Islands
Deal bolsters the acquirer’s operation in the Channel Islands
Industry believes it may take a while for the structures to gain international recognition
Deal helps acquirer bolster its operation in the Channel Islands
It is likely to remain a ‘temporary measure’ as solicitors prefer in-person meetings
Deal will expand offering across the Channel Islands and Europe
Deal is due to complete in April 2022
They ‘failed to monitor and manage the financial crime risks associated with its customers’
‘Where there’s a Will, there’s a war’ as brothers and sisters draw battle lines
To help advisers ‘make a real difference to their clients’ lives’
It will offer estate planning, probate and trust services
Deal will expand the company’s private client operation
It ‘can provide a useful solution to address’ inheritance tax concerns