Business News Archive

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December  2016  (32)

  • Vistra announces acquisition of Jordans Group

    Vistra Logo Oct 15Corporate services provider Vistra has announced the acquisition of the Jordans Group from its current shareholder, the West of England Trust. Founded in 1863, Jordans comprises four companies – Jordans, Jordans (Scotland), Jordans Corporate Law and Jordans Trust Company. Its headquarters ar...     [read more]

    By Nacelle on  22 December 2016 
  • Zedra acquires Interconsult Luxembourg

    zedra logoZedra has acquired Interconsult, Luxembourg International Consulting. The acquisition is subject to regulatory approval. Terms were not disclosed.   Interconsult was established in 1992 and is one of the oldest corporate trust service firms in Luxembourg. A founder member of Luxembourg Internat...     [read more]

    By Nacelle on  22 December 2016 
  • Jersey Chief Minister contributes to UK Brexit inquiry

    Ian GorstThe Chief Minister, Senator Ian Gorst, represented Jersey at this week’s hearing by the Lords EU Select Committee as part of its inquiry into the effects of Brexit on the Crown Dependencies.  Senator Gorst was joined at Westminster on 20 December by the Chief Ministers of Guernsey and th...     [read more]

    By States of Jersey on  21 December 2016 
  • Aztec Group recruits Associate Director to Jersey team

    Metesh VaraFund and corporate services business Aztec Group has appointed a new Associate Director to its Real Assets team in Jersey.   Metesh Vara will lead a client relationship team and promote the firm’s fund and corporate services to clients and intermediaries. He joins from PwC Jersey, where...     [read more]

    By Crystal PR on  21 December 2016 
  • First Names promotes Karen O’Hanlon to Managing Director of Singapore business

    Karen O'HanlonCorporate services group First Names has promoted Karen O’Hanlon, who spent her early finance career in Jersey, to Managing Director of its Singapore business.  Karen has been a Director in the Singapore business for the past two years, but has nearly 30 years’ experience behi...     [read more]

    By First Names Group on  19 December 2016 
  • Investec Private Banking adds to Guernsey team

    Investec Private Banking has appointed six members of staff in Guernsey.  James Torode has been named Relationship Manager for UK-resident non-domiciled and international clients in the Private Client team, joining from Julius Baer, where he was Client Relationship Manager. Emma Wright also m...     [read more]

    By ORCHID on  19 December 2016 
  • World-first listing on CISE for global Bitcoin fund

    GABI logoGlobal Advisors Investment Fund (GABI) has been admitted to the Official List of the Channel Islands Securities Exchange (CISE) to become the first regulated Bitcoin fund to be listed on any exchange.   The CISE has approved the admission to listing of all of the redeemable participating no par...     [read more]

    By CISE on  19 December 2016 
  • CICRA launches competition investigation into Flybe/Blue Islands arrangements

    CICRAThe Channel Islands Competition and Regulatory Authorities (CICRA) is to launch a formal investigation into the arrangements between Flybe and Blue Islands announced earlier this year.   CICRA has reasonable cause to suspect the Jersey competition law may have been contravened by the arrangemen...     [read more]

    By Orchard PR on  16 December 2016 
  • London masterclass to consider impact of Brexit on fundraising

    We Are Guernsey logoThe outlook for raising funds in the post-Brexit environment will be the focus of a Guernsey funds masterclass in London next year.   The free-to-attend event – entitled Fundraising in the post-Brexit world – takes place at etc.venues at St Paul’s on Wednesday 8 February. It ...     [read more]

    By Orchard PR on  16 December 2016 
  • Construction supplier Ronez acquired in £45 million deal

    SigmaRoc logoAIM-listed construction services firm SigmaRoc is set to acquire Channel Islands-based supplier Ronez in a £45 million deal. Ronez, currently owned by Aggregate Industries, supplies construction materials and services from Jersey and Guernsey, as well as providing public and private asphalt m...     [read more]

    By Orchard PR on  15 December 2016 
  • Sanne makes five promotions in Jersey team

    SANNE-PhilGodleySanne has made five Director-level promotions in Jersey.  Phil Godley has changed his role from Chief Operating Officer to Senior Managing Director. All the others have been promoted from Associate Director. Matthew Morel has been promoted to Director of Marketing and Corporate Communications...     [read more]

    By Liquid on  14 December 2016 
  • Former Coutts & Co Trustees relaunches under Highvern brand

    Highvern logoCoutts & Co Trustees (Jersey) has relaunched itself under a new boutique private client brand, Highvern, following the management buy-out of the company. Operating in Jersey under independent ownership, and regulated by the Jersey Financial Services Commission, Highvern Trustees provides specia...     [read more]

    By Marcom Collective on  14 December 2016 
  • First Names Group appoints Non-Executive Director

    Simon RadfordFirst Names Group has named Simon Radford as a Non-Executive Director to its Group Board, effective immediately. He will will also chair the group’s audit and risk committees.  Bringing more than 40 years’ financial experience to the new position, Simon is a Chartered Accountant an...     [read more]

    By First Names Group on  14 December 2016 
  • Crestbridge makes Director appointment

    Elliot RefsonFund and corporate service provider Crestbridge has appointed Elliot Refson as a Director in its Jersey office, as it continues to focus on its management company (ManCo) solutions. A specialist in alternative funds, in his new role, Elliot will develop Crestbridge’s onshore and offshore ManC...     [read more]

    By Crystal PR on  14 December 2016 
  • High-Value Residents regime attracts businesses and jobs to Jersey

    A review of the tax regime that aims to attract high value residents to Jersey has found that more people relocated to Jersey under the post-2011 scheme than in preceding years.  The updated scheme has encouraged more people to relocate to Jersey, it says, which has increased tax revenue and b...     [read more]

    By States of Jersey on  13 December 2016 
  • Sandpiper acquisition of Costcutter in Jersey not approved by CICRA at first stage

    SandpiperCI new logoThe Channel Islands Competition and Regulatory Authorities (CICRA) has decided that a more detailed review is needed into the proposed sale of the Costcutter convenience store franchise in Jersey by JMart to Sandpiper. The proposed sale was notified to CICRA for approval on 1 November. CICRA has co...     [read more]

    By Orchard PR on  12 December 2016 
  • Whitmill joins forces with Affinity Management Services (Malta)

    Whitmill logoJersey-based Whitmill Trust Company has selected Affinity Management Services (Malta) to act as its preferred partner in Malta. Under the agreement, both businesses will work together to provide corporate administration services. Established in Jersey in 1992, and with offices in Switzerland and G...     [read more]

    By Suzanne le Lay on  12 December 2016 
  • Carey Olsen makes senior hire

    JamesCookeCarey Olsen’s Guernsey office has appointed James Cooke as a Senior Associate in the firm's corporate and finance team.   James joins Carey Olsen from Ogier, having worked in Guernsey and the BVI and initially trained at Eversheds in the UK. He qualified as an English Solicitor in 200...     [read more]

    By Orchard PR on  12 December 2016 
  • Corporate Lawyer joins Babbé from South Africa

    Mark Finlayson_BabbeBabbÉ Guernsey Advocates has appointed Mark Finlayson as an Associate in its corporate department.  Mark joins the firm from South Africa, where he was admitted as an Attorney of the High Court in 2007. He has worked in private practice for several Johannesburg firms and as in-house...     [read more]

    By Babbé Legal on  12 December 2016 
  • Chief Minister to outline challenges facing Jersey in 2017 at IoD lunch

    Ian GorstChief Minister Ian Gorst will be talking to business leaders in Jersey this Thursday, at the last Institute of Directors’ lunch for the year. Senator Gorst’s talk – A review of 2016 and the challenges facing Jersey in 2017 – will take place at The Grand Jersey Hotel & Sp...     [read more]

    By Direct Input on  12 December 2016 
  • Intertrust completes rebranding of Elian

    Intertrust logoCorporate services business Intertrust has announced the rebranding of Elian, having completed the acquisition of the firm on 23 September this year. Both companies will now operate under the Intertrust brand.  According to Intertrust, the acquisition of Elian will strengthen its offerings in ...     [read more]

    By Orchard PR on  12 December 2016 
  • New Group Managing Director for Ravenscroft

    Mark BousfieldInvestment management firm Ravenscroft has promoted Mark Bousfield (pictured) to the role of Group Managing Director. Mark has been with Ravenscroft since 2008 and his role within the business has been expanding for some time. In addition to his new position, he will remain as the firm...     [read more]

    By Liquid on  9 December 2016 
  • Aurigny makes two appointments

    chris hollidayAurigny Air Services has appointed Chris Holliday (pictured) as a Non-Executive Director. Chris brings with him industry experience in regional airlines, aircraft manufacturers and an industry association. He currently runs his own consultancy business, Energy Aviation Services, which spe...     [read more]

    By Aurigny on  9 December 2016 
  • Marbral recruits Head of Client Experience

    Jackie MaratierChange management specialist Marbral Advisory has appointed Jackie Maratier as Head of Client Experience. Jackie, a qualified project manager and client relationship manager, has previous experience as Events Manager at Jersey Finance, a role she held for almost eight years. Marbral Advisory ...     [read more]

    By Marbral Advisory on  9 December 2016 
  • OCS appoints new Channel Islands Managing Director

    Jacquie WalbyOCS, the facilities management firm that provides services for private and public sector businesses across the Channel Islands, has appointed a new Managing Director, Jacquie Walby.  A proven business developer, Jacquie has been responsible for multimillion-pound projects, and private, public ...     [read more]

    By Orchard PR on  8 December 2016 
  • First speakers announced for Channel Islands NEDs forum

    BL_hotseatThe Chief Executive of the ICSA, the CEO of Deutsche Bank Channel Islands, and the Chair of Board Apprentice are just some of the speakers who are confirmed for BL Events’ forthcoming NEDs conference, Life in the Hot Seat.  The event is aimed at non-executive directors in the Channel Isl...     [read more]

    By BL Global on  6 December 2016 
  • Citywealth names Channel Islands Powerwomen

    citywealth logoPowerful women from the Channel Islands feature strongly in the newly released Citywealth IFC Powerwomen Top 200 list. A total of 31 women from Guernsey and 47 from Jersey have been named, representing the wealth management industry and the government in the islands.   The Powerwomen list, runn...     [read more]

    By BL Global on  5 December 2016 
  • Guernsey Finance Shanghai briefing highlights CRS concerns

    We Are Guernsey logoThere are signs of a growing urgency in mainland China to better understand the implications of next year’s introduction of the Common Reporting Standard (CRS).  Institutions from within China’s trust and banking sectors, as well as private clients, are increasingly seeking guidanc...     [read more]

    By Orchard PR on  5 December 2016 
  • Estera Jersey team involved in major London property deal

    Estera logoFiduciary and administration services provider Estera has been involved in reportedly the largest property transaction to complete following the UK’s Brexit announcement in June. The group’s Jersey real estate team acted as majority director for BL Development – an investment vehi...     [read more]

    By Liquid on  2 December 2016 
  • Financial Services Opportunities Investment Fund makes first investments

    Ravenscroft thumbnailThe Financial Services Opportunities Investment Fund, launched in October by Ravenscroft, has made its first investments – a five per cent interest in Guernsey-based CORVID Holdings and a 20 per cent stake in financial services firm Enhance Group.  The fund was listed on the Channel Isla...     [read more]

    By Liquid on  2 December 2016 
  • Law At Work appoints new Director

    Lorna PestanaChannel Islands human resources, employee relations and health and safety specialist Law At Work has appointed Lorna Pestana as a Director. Lorna brings more than 20 years’ experience in human resources to the role, most recently as Head of Human Resources for the Guiton Group, publisher of t...     [read more]

    By Direct Input on  1 December 2016 
  • Mourant Ozannes adds to International Trusts & Private Client team

    Fred_MilnerMourant Ozannes has appointed trusts and private client lawyer Fred Milner as Counsel in its International Trusts & Private Client practice. Based in the Jersey office, Fred has a broad range of private client experience gained in London, Jersey and Geneva.   Having worked both in private...     [read more]

    By Mourant Ozannes on  1 December 2016 

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