Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home Business ZEDRA to acquire BNP Paribas Jersey Trust Corporation Limited

ZEDRA to acquire BNP Paribas Jersey Trust Corporation Limited

by Uma Rajagopal
0 comments
iStock 1303809341

 

  • Acquisition will further strengthen ZEDRA’s active wealth, corporate and fund services offering in the Channel Islands
  • Follows the acquisition of BNP Paribas Singapore Trust Corporation Limited in July 2020
  • BNP Paribas Wealth Management to continue working with ZEDRA as a preferred partner for trust services

ZEDRA, a global specialist in Global Expansion and Corporate Services, Active Wealth and Fund Solutions today announces the acquisition of BNP Paribas Jersey Trust Corporation Limited  (the Company). The transaction is subject to regulatory approval.

For over 30 years, the Company has been offering high quality, personalised trustee and fiduciary services to its clients. The firm also has over a decade of experience providing trustee services to private equity and real estate institutional funds. 

ZEDRA has a strong heritage in Jersey, one of the world’s leading international finance centres with the highest regulatory standards. Jersey represents a core jurisdiction for ZEDRA, where the firm has established its largest office, consisting of 90+ colleagues, offering a full range of services for corporates, active wealth and both regulated and private funds. The acquisition will further boost ZEDRA’s presence in Jersey, strengthening its offering for corporates and active wealth. It will also provide BNP Paribas clients with access to a greater range of services, both in Jersey and elsewhere within the ZEDRA Group.

The announcement follows ZEDRA’s acquisition of BNP Paribas Singapore Trust Corporation Limited in July 2020, now fully integrated and renamed Zedra Trustees (Singapore) Limited. The business caters to the growing Asian ultra-high net worth and high net worth markets, with the majority of clientele consisting of families and entrepreneurs.

Steven Bowen, Head of Channel Islands at ZEDRA, commented: “This acquisition will give us a significant opportunity to broaden ZEDRA’s capabilities and expertise in the Channel Islands, adding to our fast-growing market position. BNP Paribas Jersey Trust Corporation Limited has a first-class staff base, which we look forward to welcoming into ZEDRA”.

BNP Paribas Wealth Management will continue working with ZEDRA as a preferred partner for trust services, while continuing to provide wealth management services to its clients, leveraging the firm’s best-in-class private banking team and global reach.

 

Recent Post