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Business in brief: Butterfield, Carey Olsen, JTC

Butterfield has announced that the 2023 Cayman Islands Undergraduate Scholarship is open to applications.

Business in brief: Quantuma, Butterfield, JTC

Phillip Pierson, associate director at business advisory Quantuma, has mirrored his grandfather’s success, by becoming the first Caymanian insolvency practitioner within a Cayman Islands accountancy firm to pass the INSOL International Foundation Certificate in International Insolvency Law. 

JTC posts higher profit, revenue growth

JTC has recorded 38.8% revenue growth, to £93 million, in the first half of 2022.

JTC reports higher revenue, earnings

The London Stock Exchange-listed public company attributed the rise in revenue to both strong demand for its services and growth from acquisitions.

JTC grows profit, revenues

JTC has announced 24.8% higher revenues and a 22.6% increase in profits the first half of 2021 compared to the same period last year.

JTC raises US$91 million from first market placing since IPO

JTC has raised GBP65.9 million (US$91 million) from its first capital markets placing since listing on the London Stock Exchange in 2018, which will fund near-term acquisitions and maintain a strong balance sheet.

JTC acquires alternative investment fund specialist INDOS

Corporate services provider JTC has announced the acquisition of INDOS, an alternative investment fund specialist.

Business in brief

Ocorian, previously Estera (Cayman), has donated US$5,000 to Jasmine to help support patient care in the community.

JTC enters FTSE 250 index

London Stock Exchange-listed JTC has been promoted from the FTSE SmallCap Index to the FTSE 250 Index as of Monday, 16 Nov., due to the continued growth and performance of the business since its initial public offering in 2018.

JTC wins at STEP Private Client Awards

JTC ‘Trust Company of the Year (large firm)’ at the STEP Private Client Awards 2019 ceremony, held on 25 Sept. at London’s Park Plaza Westminster Bridge Hotel.

JTC reports first half year growth

Fund and corporate services firm JTC grew its revenue by 32% to £46.6 million (US$58.25 million) in the first six months of 2019 compared to the same period last year.

JTC obtains trust licence, appoints managing director

Independent fund and corporate service provider JTC has been granted a trust licence by the Cayman Islands Monetary Authority.

JTC receives employer accreditation

Listed service provider JTC has been awarded a STEP Gold Employer Partner accreditation across ten of its jurisdictions, in recognition of the firm’s office culture.

JTC acquires Merrill Lynch international trust division

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, following regulatory approval from the Isle of Man Financial Services Authority.

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