May 18, 2022

JTC completes acquisition of International Trust division from Merrill Lynch

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Independent private wealth, funds and corporate service provider JTC has confirmed the formal completion of its acquisition of Merrill Lynch Wealth Management’s International Trust and Wealth Structuring business (“ITWS”), following regulatory approval from the Isle of Man Financial Services Authority. The ITWS business, which will now be assimilated into JTC’s Private Wealth Services division, provides […]

JTC buys Cayman Fund administration business from GAM

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JTC Group, the fast-growing provider of institutional and private client services, has expanded its operations in the Cayman Islands through the acquisition of GAM’s fund administration business. The deal, which remains subject to regulatory approvals, will see all 14 GAM staff in Cayman transfer to JTC and completion of the transaction is expected in late […]