JTC snaps up Citi Trust as it continues transatlantic takeover spree
WEBFTSE 250 corporate solutions firm JTC has struck an $80m (£60.7m) deal to expand its financial services division with a new acquisition – the latest in a string of recent takeovers. The London ...
Citigroup sells trust services unit to JTC for $80 million - Yahoo …
WEB5 days ago · Professional services provider JTC said on Monday it has agreed to buy Citigroup's global fiduciary and trust administration services business for $80 million. The unit 'Citi Trust' serves over ...
JTC To Acquire Citi Trust
WEB6 days ago · News > JTC To Acquire Citi Trust. Global professional services provider, JTC, is delighted to announce the proposed acquisition of Citi Trust, the global fiduciary and trust administration services business, from Citigroup. The acquisition is highly complementary to JTC’s existing footprint, it bolsters several of JTC’s key growth ...
Citi to Sell Trust Unit to JTC as Bank Aims to Simplify, Cut Costs
WEBJTC is acquiring the business for a total consideration of $80 million, according to a regulatory filing on Monday. Citi Trust is a 200-person unit in the company’s private bank that caters to ...
M&A News: Citigroup (NYSE:C) Sells Trust Business to JTC for …
WEBM&A News: Citigroup (NYSE:C) Sells Trust Business to JTC for $80M. Professional services provider JTC announced on Monday that it will acquire Citigroup’s ($C) global fiduciary and trust ...
JTC PLC (JTCPF) Q2 2024 Earnings Call Transcript Highlights: …
WEB2 days ago · Group revenue increased by 21.1% to GBP147.1 million, and EBITDA rose by 22.3% to GBP49.1 million, reflecting strong financial performance. Net organic revenue growth was 12.5%, surpassing the ...
JTC Announces Proposed Acquisition Of Citi Trust From Citigroup
WEB5 days ago · (RTTNews) - JTC announced the proposed acquisition of the global fiduciary and trust administration services business, or Citi Trust, from Citigroup Inc. for a total consideration of $80 million.
Citigroup to Sell Trust Services Unit to JTC for $80 Million
WEB6 days ago · Jersey-based JTC will pay $80 million for Citi Trust, a unit that has relationships with more than 2,000 ultra-wealthy clients and more than $70 billion of assets under administration, according ...
JTC Delivers Accelerated Start To Cosmos Era With Strong Organic ...
WEBJTC, which is listed as a FTSE 250 company on the London Stock Exchange (“LSE”), reported a 21.1% increase in total revenue to £147.1m with very good net organic growth of 12.5%, ahead of its medium-term guidance that was revised upwards to 10%+ for it latest multi-year business plan, the Cosmos era. JTC also delivered record new business ...
News - JTC
WEBApr 11, 2023 · JTC Reports Record Growth, Revenue and New Business in Annual Results. JTC has today announced a strong set of annual results for ‘an outstanding year of growth and innovation’, with the firm achieving revenues of £200m for the first time ever.