Business News Archive

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November  2020  (63)

  • UBS unveils Year Ahead outlook for 2021

    UBS logoGlobal wealth manager UBS expects economic output and corporate earnings to rebound to pre-pandemic levels in 2021, according to its latest Year Ahead report, entitled A Year of Renewal. In a base case scenario, a combination of fiscal stimulus, continued low interest rates, and a vaccine rollout s...     [read more]

    By Refinery on  30 November 2020 
  • Guernsey wins European captive award for fourth year

    We Are Guernsey logoGuernsey has, for the fourth year in succession, been named European Domicile of the Year at this year's Captive Review European Awards.  The awards, hosted by monthly publication Captive Review, were held online this year due to Covid-19 restrictions. Peter Child, Chair of the Guernsey I...     [read more]

    By We Are Guernsey on  30 November 2020 
  • C5 Alliance to hold webinar on post-pandemic workplace

    C5_logo_2019C5 Alliance is hosting a webinar on 10 December for local businesses to discuss workplace issues in a post-pandemic world, including how to optimise security, improve productivity, provide agility and enable scalability. The hour-long webinar – The New World of Work – will highligh...     [read more]

    By C5 Alliance on  30 November 2020 
  • Altair Partners names Zöe Cousens as Director

    ZoeCousens_AltairChannel Islands-based consultancy Altair Partners has appointed Zöe Cousens to the role of Client Director. Zöe has more than 30 years' experience in financial services and has spent most of her career as an investment manager in Guernsey.  This has included more than seven year...     [read more]

    By BL Global on  27 November 2020 
  • Deloitte to hold Channel Islands real estate seminars

    Deloitte Logo 2020Deloitte is holding its annual Real Estate Breakfast Seminars next week – in person in Guernsey on 2 December and online in Jersey on 3 December.   At the Guernsey event, which will take place in the Old Government House Hotel’s Regency Room, David Becker and the Channel Islands re...     [read more]

    By Black Vanilla on  27 November 2020 
  • Corbett Le Quesne wins Family Law Award

    CorbettLeQuesne logo nov20Jersey-based family law specialist Corbett Le Quesne has been named Family Law Firm of the Year: South at the Family Law Awards, presented at a virtual ceremony this week.  The awards pay tribute to family lawyers judged to have made an exceptional contribution and demonstrated innovative and ...     [read more]

    By Corbett Le Quesne on  27 November 2020 
  • Jersey sets out multi-agency approach for fintech

    Jersey for Fintech logo_nov20The three agencies responsible for driving Jersey’s fintech agenda have come together under a collective banner supported by a new website. Jersey for Fintech, established by Digital Jersey, Jersey Finance and Locate Jersey, has been launched to present a unified vision of the island’s ...     [read more]

    By Crystal PR on  26 November 2020 
  • UBS makes Client Adviser promotions

    JoePeacock_UBSUBS Wealth Management has made two promotions within its Private Clients team in Jersey, with Joe Peacock and John Pipon moving from Client Advisor Assistants to Client Advisers.  In his new position, Joe, who joined UBS in 2017 in a wealth management role, will focus on local intermediaries a...     [read more]

    By Refinery on  26 November 2020 
  • Walkers advises on retailer restructure

    Walkers Logo 2018Walkers has acted alongside Allen & Overy on the consensual financial restructuring of New Look, a UK multi-channel fashion retailer with more than 500 stores across the UK and Ireland. The multi-faceted restructuring included Walkers advising on the Jersey law aspects of an extension of the gr...     [read more]

    By Walkers on  26 November 2020 
  • Businesslife Digital Edition: coming soon

    Digital issueAmid an increasingly fast-paced, customer-focused and competitive business landscape, and with organisations increasingly looking to reap the benefits of digitalisation, Businesslife will shortly launch a dedicated Digital Edition. Publishing in December, the issue will explore topics such as the d...     [read more]

    By BL Global on  25 November 2020 
  • Jersey Finance launches US publication

    JerseyFinance logo_jul2019Jersey Finance has launched a publication showcasing Jersey’s commercial and cultural connections with the US. The publication – Jersey for US Fund Managers – has been released alongside a video promoting Jersey to legal and financial service providers in the US, particu...     [read more]

    By Jersey Finance on  25 November 2020 
  • Appleby adds to disputes team in Guernsey

    Ryan Courtney_Appleby_nov20Offshore law firm Appleby has appointed Ryan Courtney to the role of Associate within its Dispute Resolution department in Guernsey.  Ryan joins Appleby after almost two years with Babbé in Guernsey. He has worked on contentious and non-contentious trust litigation matters, as well as i...     [read more]

    By Appleby on  24 November 2020 
  • Shaun O’Connor joins Parslows in consultancy role

    ShaunO'Connor_Parslows_nov20Parslows has recruited Shaun O'Connor as a Property Conveyancing Consultant.  Shaun has more than 38 years' experience in Jersey conveyancing and property law, having previously spent 11 years with Collas Crill and, more recently, a Senior Conveyancing Manager for Viberts. He has...     [read more]

    By Parslows on  24 November 2020 
  • BDO makes 14 Guernsey promotions

    CaleyClarke_BDOBDO has announced 14 promotions across its audit and tax services teams in Guernsey.   Caley Clarke and Ronan Morrison have been promoted to Client Director in the tax and audit streams respectively.  Caley has more than 25 years of experience in the tax sector, including 11 years with Gr...     [read more]

    By Orchard PR on  23 November 2020 
  • Babbé appoints David Doutney to Dispute Resolution team

    David Doutney_Babbe_nov20Guernsey law firm Babbé has appointed David Doutney as a Senior Associate in its Dispute Resolution team. David joins the firm having worked for international law firms in the Cayman Islands and Sydney, Australia, most recently with Harneys in Grand Cayman. He has experience in complex liti...     [read more]

    By Orchard PR on  23 November 2020 
  • PraxisIFM announces CI promotions

    Blane Queripel_PraxisIFM_nov20PraxisIFM has made three board appointments and several senior promotions across its Channel Islands offices.   At board level, Blane Queripel, who has been with the firm since 2006, has taken the role of Director, PraxisIFM Trust (Guernsey). Meanwhile, Josh Farrow, who has been Associate ...     [read more]

    By Orchard PR on  20 November 2020 
  • Crestbridge names Dean Hodcroft as incoming CEO

    DeanHodcroft_Crestbridge_nov20Crestbridge has announced that Dean Hodcroft (pictured) will succeed Graeme McArthur as Chief Executive Officer in July 2021, subject to regulatory consent. Graeme has led the firm since 2012. Dean will join Crestbridge from London-based property investment and finance firm Cale Street Partner...     [read more]

    By BL Global on  20 November 2020 
  • Who's Who Legal presents 2020 awards

    WWL Awards 2020Carey Olsen has been named Guernsey Law Firm of the Year, and Mourant has won the Jersey Law Firm of the Year title in the offshore category of this year's Who's Who Legal Awards. The 2020 awards, which took place virtually, recognised individuals and firms that have performed exceptio...     [read more]

    By BL Global on  19 November 2020 
  • Jersey publishes house price report for Q3 2020

    Statistics Jersey logoThe house price report for the third quarter 2020 has been published by Statistics Jersey, including the following key points: • On a rolling four-quarter basis, the mix-adjusted average price of dwellings sold in Jersey during the year ending Q3 2020 was 1% higher compared with the previous q...     [read more]

    By Government of Jersey on  19 November 2020 
  • Ogier Partner Tim Clipstone admitted as Guernsey Advocate

    Tim Clipstone_Ogier_nov20Ogier Partner Tim Clipstone has been sworn in as an Advocate of the Royal Court of Guernsey. An experienced funds, regulatory and corporate lawyer, Tim was admitted to the Guernsey Bar in the Royal Court earlier this month. He joined Ogier in Guernsey in 2018 and has more than 20 years' experi...     [read more]

    By Crystal PR on  19 November 2020 
  • Jersey businesses create digital transformation hub

    transform.je logoJersey-based businesses Corefocus, Blue Llama and Focused IT have partnered to form a digital transformation offering to clients in the Channel Islands. The Transform.je partnership will combine three specialist areas to offer an integrated digital technology service – technological efficienc...     [read more]

    By Peter Foster on  19 November 2020 
  • Andy Veron named Credit Suisse Trust MD in Guernsey

    AndyVeron_CreditSuisse_nov20Andy Veron has been appointed as Managing Director of Credit Suisse Trust in Guernsey. Andy has had an extensive career with Credit Suisse spanning more than 20 years before being appointed to this role. Responsible for the management, development and oversight of Credit Suisse’s Trust busin...     [read more]

    By Black Vanilla on  18 November 2020 
  • Mark Grenyer joins Sanne as Head of Client Operations

    Mark Grenyer_Sanne_nov20Sanne has appointed alternatives specialist Mark Grenyer as its new Head of Client Operations, based in Jersey.  With more than 18 years’ experience, predominantly in the alternative funds space, Mark has held numerous strategic leadership roles.  He joins from JTC, where he has se...     [read more]

    By Liquid on  18 November 2020 
  • Ashburton Investments promotes James Cooke

    JamesCooke_Ashburton_nov20Ashburton Investments, the asset management arm of FirstRand Group, has promoted James Cooke to Head of Global Equities at Ashburton Investments (International).  Based in Jersey, James leads Ashburton Investments global equity team, which is located across offices in the Channel Islands, the ...     [read more]

    By Crystal PR on  18 November 2020 
  • Robert Trefny to take over as Chair of TISEA

    Rob Trefny_TISE_nov20The International Stock Exchange (TISE) has announced that Robert Trefny will be the new Chair of its regulatory arm, The International Stock Exchange Authority (TISEA).   Robert brings to the role more than 35 years’ experience as a lawyer, latterly as a Capital Markets Partner in t...     [read more]

    By TISE on  17 November 2020 
  • Guernsey Finance seminar to focus on funds

    We Are Guernsey logoGuernsey Finance is holding an online funds seminar, Distributing Private Funds, on Monday 23 November. The webinar will highlight today’s challenging market and why choosing a proven route to placing private funds will be the difference between the success or failure of a fund launch. It wi...     [read more]

    By We Are Guernsey on  17 November 2020 
  • Ogier advises on dual NYSE and LSE listing

    BryonRees-Ogier_nov20Ogier in Guernsey has advised global finance and asset management firm Burford Capital on its dual listing on the New York Stock Exchange, adding to its existing listing on AIM.  This makes it the first legal finance firm to be publicly traded in the US and the first dual-listed company in the...     [read more]

    By Crystal PR on  17 November 2020 
  • BWCI promotes Jonathan Kemp to Partner in insurance team

    Jonathan Kemp_BWCI_nov20Channel Islands actuary and consultancy firm BWCI has promoted Jonathan Kemp to Insurance Partner, based in Guernsey.  Jonathan joined the firm in 2019 as a Senior Manager within its insurance consulting team. He qualified as a Fellow of the Institute and Faculty of Actuaries in 2000 and has ...     [read more]

    By BWCI on  17 November 2020 
  • ICSA Guernsey announces awards winners

    icsa logo 2018The Guernsey Branch of ICSA: The Chartered Governance Institute has announced the winners of this year’s Guernsey Branch Awards, which recognise the achievements of the island's governance professionals and corporate service providers.  The winners included: • Company Secretary ...     [read more]

    By Agility PR on  17 November 2020 
  • Jersey Finance announces Rising Stars Awards

    JerseyFinance logo_jul2019Jersey Finance announced the winners of its inaugural Rising Stars 2020 Awards at a virtual awards ceremony on Friday 13 November. Showcasing the industry’s support for young professionals, more than 150 professionals between the ages of 16 to 30 were nominated and over 25,500 votes received&...     [read more]

    By Crystal PR on  16 November 2020 
  • Demand for Guernsey property continues to grow

    Guernsey property illoThe States of Guernsey's latest Residential Property Prices Bulletin has revealed continued growth and demand in the local market.  A total of 277 transactions took place in third quarter of 2020, the highest number recorded since 2006, as more homeowners look to upgrade their homes f...     [read more]

    By Direct Input on  16 November 2020 
  • JTC enters FTSE 250 Index

    JTC Logo 2018London Stock Exchange-listed JTC has been promoted from the FTSE SmallCap Index to the FTSE 250 Index, reflecting the business's continued growth and performance since its Initial Public Offering in 2018.  Headquartered in Jersey, JTC listed on the Main Market of the LSE in March 2018...     [read more]

    By Crystal PR on  16 November 2020 
  • Carey Olsen acts in Guernsey transactions

    CareyOlsen logo_jul19Carey Olsen's investment funds team in Guernsey has advised Round Hill Music Royalty Fund on its listing on the Specialist Fund Segment of the Main Market of the London Stock Exchange.    The fund, which raised $282m on launch, will be managed by New York-based music publishing company...     [read more]

    By Carey Olsen on  16 November 2020 
  • Appleby appoints Andrew Jowett as Group Partner

    Andrew Jowett_Appleby_nov20Appleby has appointed Andrew Jowett as a Group Partner within its Corporate Practice Group in Jersey. Andrew has worked for Appleby in the British Virgin Islands since 2011. Prior to this, he spent three years with Ogier in the BVI. He has extensive experience in corporate, banking and financ...     [read more]

    By Appleby on  13 November 2020 
  • Businesslife launches 2021 Media Pack

    BL67logoBusinesslife magazine has released its 2021 Media Pack, detailing publication plans for the coming 12 months along with a host of advertising and other commercial opportunities. In 2021, the Channel Islands-based business and lifestyle magazine, which is distributed widely in Jersey, Guernsey and L...     [read more]

    By BL Global on  13 November 2020 
  • RBS International agrees Ports of Jersey loan

    RBSI logoRBS International has partnered with Lloyds Bank International to provide a £40m loan facility to Ports of Jersey.  This will be used to meet expected capital expenditure over the next three to five years and help to future proof the island’s gateways.  The bank has built a s...     [read more]

    By Crystal PR on  13 November 2020 
  • Association formed for investment managers

    Simon O’Donoghue_CIWMAA new organisation – the Channel Islands Wealth Management Association (CIWMA) – has been created to represent Channel Islands investment management firms.  The CIWMA aims to provide a unified voice for investment managers, enabling members to collaborate while continuing to uphold...     [read more]

    By CIWMA on  13 November 2020 
  • Invicta Wealth Solutions rebrands

    Invicta logo_nov20Guernsey-based trust and company administration services business Invicta Wealth Solutions has completed a rebrand. Founded in 1988, Invicta specialises in implementing and maintaining bespoke wealth planning for high-net-worth and ultra-high-net-worth clients worldwide.  The business is led ...     [read more]

    By Invicta Wealth Solutions on  12 November 2020 
  • Ogier acts in PizzaExpress restructuring

    Ogier logo_official_jul19Ogier has advised PizzaExpress group on its restructuring.  The restructuring plan of PizzaExpress Financing 2 is the second to be launched following the introduction of the restructuring plan procedure under the UK Companies Act 2006 in June.   Ogier worked alongside Kirkland & Elli...     [read more]

    By Crystal PR on  11 November 2020 
  • Smith & Williamson International names Matt Falla as MD

    Matt Falla_SWI_nov20Smith & Williamson International (SWI), part of the Tilney Smith & Williamson Group, has appointed Matt Falla as Director and Managing Director, based in Jersey.  Matt joins from Kleinwort Hambros, where he has spent nearly 15 years, latterly as Head of Private Banking in Guernsey, ove...     [read more]

    By ORCHID on  11 November 2020 
  • Viberts announces senior hires

    PaulHarben_Viberts_nov20Jersey law firm Viberts has announced three senior appointments.  Paul Harben (pictured far right) has become a Partner in the Property team. He joins Viberts after 27 years with Collas Crill, latterly as Partner. David Norton (pictured right) has been named Head of Business Development and M...     [read more]

    By Viberts on  11 November 2020 
  • Carey Olsen advises on fast-track application

    Ben_Morgan_CO_nov20Carey Olsen's corporate team in Guernsey has advised VinaCapital Investment Management on the migration of the investment manager's licence and registration to Guernsey. This is the first such inbound migration to use the Guernsey Financial Services Commission's new fast-track applicati...     [read more]

    By Carey Olsen on  10 November 2020 
  • Jersey named Best IFC at Wealthbriefing MENA Awards

    JoeMoynihan_JerseyFinanceJersey has been named Best International Finance Centre at the WealthBriefing MENA Awards 2020, held in Dubai on Monday.    The awards are designed to recognise companies, teams and individuals deemed to have demonstrated innovation and excellence during 2019. The judges commented: &...     [read more]

    By Crystal PR on  10 November 2020 
  • Channel Islands financial software firms merge

    Fusion Acusoft logo_nov20Channel Islands financial software firms Fusion Systems and Acusoft have merged to become Fusion Acusoft.  The merger will create a single financial services-focused software development business with specialist wealth management and tax reporting products from the Flyingboat and Acumen brands...     [read more]

    By Betley Whitehorne Image on  9 November 2020 
  • Carey Olsen advises on cash box placing

    CareyOlsen logo_jul19Carey Olsen's corporate team in Guernsey has assisted Kape Technologies on its equity fundraising on the London Stock Exchange, which has raised gross proceeds of $115m.  The AIM-listed company conducted the placing and retail offer by using a Guernsey cash box structure.   The funds ...     [read more]

    By Carey Olsen on  9 November 2020 
  • Investec supports Guernsey redevelopment

    Investec Bank logo nov20Investec Bank (Channel Islands) has supported Harlyn Holdings with acquisition funding for the redevelopment of Rock Health Guernsey, formerly known as the Island Bowl bowling alley and leisure centre. Scheduled to open in 2021, Rock Health will be a multi-use fitness centre, and detailed design wo...     [read more]

    By ORCHID on  9 November 2020 
  • Aztec Group announces senior promotions

    Reshentha Beeby_Aztec_nov20The Aztec Group has announced several recent senior promotions across its Channel Islands offices. In Jersey, Reshentha Beeby (pictured), who has been with the group since 2014, becomes Private Equity Director. She will continue to manage relationships with key clients and support the development o...     [read more]

    By Aztec Group on  6 November 2020 
  • Jersey Finance launches South Africa report

    JerseyFinance logo_jul2019The choice of domiciliation can make or break a fund’s success and, as attitudes and practical conditions in the business environment change, there are still enormous opportunities for driving capital in Africa.  Those were among the findings of a report by African Business magazine, com...     [read more]

    By Crystal PR on  6 November 2020 
  • Walkers makes promotions across the Channel Islands

    JonLeRossignol_walkers_nov20Walkers has announced several promotions across the Channel Islands.  Jon Le Rossignol (pictured) has been moved to Group Partner within the firm's Jersey Banking and Finance team, having served as Senior Counsel since January 2019. Jon will lead the team alongside fellow Partners Alexandr...     [read more]

    By Walkers on  6 November 2020 
  • Black Vanilla launches small business service

    BlackVanilla logo_nov20Guernsey communications agency Black Vanilla has launched BV Bulb, a dedicated PR and marketing service for start-ups and small businesses. BV Bulb offers three packages: Set-Up, Step-Up and Train-Up. Bulb Set-Up is for those at the start of their business journey who need to develop their brand, k...     [read more]

    By Black Vanilla on  5 November 2020 
  • Dilmun Leach joins Walkers' Jersey team

    DilmunLeach_walkers_nov20Investment funds and corporate lawyer Dilmun Leach has joined Walkers' Jersey team as a Group Partner.   Dilmun joins the firm after three years as a Partner with Collas Crill. Prior to this, he spent five years with Ogier in Jersey, following five with Herbert Smith Freehills in Londo...     [read more]

    By Walkers on  5 November 2020 
  • Citywealth unveils Future Leaders list

    Citywealth logo 2019Citywealth has revealed its Future Leaders Top 100 ranking for 2020, which includes a range of professionals based in Jersey and Guernsey. The list, decided by a panel of senior industry figures, provides a directory of the leading advisers and managers under the age of 40 working in the wealth man...     [read more]

    By Citywealth on  5 November 2020 
  • PwC Channel Islands announces Director appointments

    PhonSiney_PwCPwC has promoted seven Directors across the Channel Islands. Four are Guernsey-based – Kimberley Girard, Evgenia Litvintseva-Demetriou, Jonathan Mauger and Bernard Mullaly – and three are located in Jersey – Hani Salem, Phon Siney and Nadine van der Westhuizen. Kimberley join...     [read more]

    By Crystal PR on  5 November 2020 
  • Jersey Post acquires Fetch.je

    Jersey Post has acquired local marketplace website Fetch.je, which was launched at the end of March to offer the local community safe and continued online shopping during the initial pandemic restrictions.  For the first time, Jersey had an online marketplace where shops, service pro...     [read more]

    By Jersey Post on  4 November 2020 
  • Integritas names Zena Whiteley as Client Relationship Director

    Zena Whiteley_Integritas_nov20Integritas Wealth Partners has appointed Zena Whiteley to the role of Client Relationship Director.  Zena has more than 30 years of experience in financial services in banking, wealth and investment management. She joins Integritas from Smith & Williamson, where she has served as Client M...     [read more]

    By Integritas Wealth Partners on  4 November 2020 
  • HSBC survey highlights sustainable investment trends

    HSBC logoCapital market issuers in Europe are attaching greater importance to sustainable finance than a year ago, despite the Covid-19 pandemic, and Jersey and Guernsey can play a key part in supporting that trend. So says the recently published Sustainable Financing and Investing Survey 2020 from HSBC, wh...     [read more]

    By Crystal PR on  4 November 2020 
  • Cyber risk company launches in Guernsey

    CentricalCyber logo_nov20Cyber risk company CentricalCyber has been launched in Guernsey to help business leaders better understand and manage cyber risk. The business has been set up by former Investec Bank Chief Operating Officer and Chief Risk Officer Rudi Le Roux, along with business consultant Kyan Frith. Working wit...     [read more]

    By Black Vanilla on  3 November 2020 
  • Calligo completes third Irish buy this year

    calligo-logo 2018End-to-end managed data services provider Calligo has acquired Cinnte Technologies, an Ireland-based IT managed services provider specialising in managed IT, cloud and security services. The value of the deal has not been disclosed.   This marks Calligo’s eighth acquisition in three years...     [read more]

    By Calligo on  3 November 2020 
  • JTC appoints Richard Ingle as Group Chief Risk Officer

    Richard Ingle_JCT_nov20JTC has appointed Richard Ingle as Group Chief Risk Officer, based at the company’s headquarters in Jersey. He will have overall responsibility for the governance of risk management and regulatory compliance across JTC’s global network of 23 offices in 19 jurisdictions.  Richard b...     [read more]

    By Crystal PR on  3 November 2020 
  • JFSC consults on Registry fee changes

    JFSC logo The Jersey Financial Services Commission is proposing to change its approach to Registry fees. Recognising the pressure on local companies in the current climate, it plans to bring forward a reduction in the annual confirmation fee for local companies as part of a larger package of changes sch...     [read more]

    By Jersey Financial Services Commission on  3 November 2020 
  • Jersey Finance announces virtual private wealth conference

    JerseyFinance logo_jul2019Jersey Finance will be holding its annual private wealth conference on Monday 14 December as a virtual event. The half-day conference, entitled ‘Making a Positive Impact’, will focus on sustainable finance and philanthropy. It will include as guest speakers former Conservative Party lea...     [read more]

    By Crystal PR on  3 November 2020 
  • Brooks Macdonald announces partnership with SS&C

    Brooks Macdonald logoInvestment manager Brooks Macdonald has formed a strategic partnership with SS&C Technologies, a provider of software and technology to the financial services sector.  According to Brooks Macdonald, the collaboration will support the firm’s intermediaries and clients with a range of ...     [read more]

    By Crystal PR on  2 November 2020 
  • BCR Law makes three appointments

    BCR Law_Francesca Pinel Jersey law firm BCR Law has added three new staff to its team – Advocate Francesca Pinel, Conveyancer Wendy Luce and English Solicitor Ryan Ripamonti.   Francesca will work with the litigation team, specialising in criminal law. Admitted as an Advocate of the Royal Court of Jersey in Feb...     [read more]

    By BCR Law on  2 November 2020 

« October 2020December 2020 »

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