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Butterfield to acquire Deutsche’s banking, custody biz in Cayman, Channel Islands

By: Helen Burggraf | 19 Feb 2018

The Bank of NT Butterfield & Son is to acquire Deutsche Bank’s banking and custody businesses in the Cayman Islands, Jersey and Guernsey, the Bermuda-based institution  founded…

Jersey-based fund managers flock to Brexit friendly regime

By: Gary Robinson | 16 Feb 2018

Jersey has seen an uplift in international non-EU managers, that includes those in the US, Asia (and soon the UK), using its regime as a means of marketing into Europe,…

Maitland expands private client business into Guernsey

By: Gary Robinson | 15 Feb 2018

Maitland has announced that it will expand its existing presence in Guernsey having obtained its full fiduciary license. The cross-border global advisory and fund administration firm can…

People Moves: Hawksford, Union Bancaire Privée, NWH Global, UniCredit

By: International Investment Staff | 13 Feb 2018

Hawksford Hawksford, the Jersey-based trust, private client and corporate and fund services provider, has named Irene Lee director of private client and corporate business development in its…

Jersey regulator warns (again) on initial coin offerings

By: Helen Burggraf | 05 Feb 2018

The Jersey Financial Services Commission today issued a formal warning that statements in the market which suggest it regulates “certain initial coin offerings (ICOs) are “misleading”, and…

Russian oligarchs ‘heading for Jersey’ as US shines spotlight on their affairs

By: Eugene Costello | 01 Feb 2018

Chelsea FC owner Roman Abramovich is said to have recently acquired residency rights in Jersey, following the US’s publication of the so-called ‘Putin List’ that identifies Russians…

Jersey FSC’s John Harris says pension provision regulation ‘is needed’

By: Helen Burggraf | 30 Jan 2018

The Jersey government sees regulation of pensions advice as necessary and likely to become a reality sooner rather than later, Jersey Financial Services Commission director general John…

Equiom acquisition of Carey SA Luxembourg gives it Grand Duchy foothold

By: Helen Burggraf | 26 Jan 2018

Equiom, an Isle of Man-based, internationally-focused trust and corporate services provider, has acquired corporate and funds administration business Carey SA Luxembourg, as it looks to expand its…

Ocorian to gain maritime expertise in acquisition of rival Jersey trust company, Capco

By: Helen Burggraf | 26 Jan 2018

Ocorian, the Jersey-based trust, alternative investment, corporate and private client services business that re-branded from Bedell Trust in 2016, has agreed to acquire a rival private client…

People Moves: Fidelity International, Trust Corporation International, Crestbridge

By: International Investment Staff | 25 Jan 2018

Fidelity International  Fidelity International,  the London-based international arm of the US-based asset manager Fidelity, said it has named Hugh Prendergast global head of product. Fidelity said Prendergast…

Ocorian completes acquisition of MAS International

By: Helen Burggraf | 15 Jan 2018

Ocorian, the Jersey-based trust, alternative investment, corporate and private client services business that rebranded from Bedell Trust in 2016, has completed its acquisition of MAS International, a…

Work permit changes take effect in IoM

By: Helen Burggraf | 15 Jan 2018

A new set of regulations takes effect in the Isle of Man today which introduces a “register of exempt persons”, as the island moves to simplify and…

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