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TEAM acquires Omega and announces final results
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Wealth, asset management and financial services group TEAM has announced the acquisition of the entire issued share capital of Omega Financial Services, a Jersey-based IFA specialising in retirement planning, mortgage advice, life assurance and investment advisory services. An initial consideration of £2m is payable in cash, plus further deferred consideration of up to £2m in a mixture of cash and new shares in TEAM. The transaction is subject to approval by the Jers...
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Ocorian completes Trust Corporation acquisition
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Financial services group Ocorian has completed the acquisition of Trust Corporation International, the Guernsey-based fiduciary firm specialising in private client services, fund administration and corporate services. The acquisition was first announced in August and completion was subject to regulatory approvals. Ocorian said the acquisition enhances its ability to provide services to private clients and international corporates in Guernsey, alongside its existing fund administration...
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KPMG appoints Emma Bailey as Guernsey Director
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Emma Bailey has been appointed as an Advisory Director in the Guernsey office of KPMG in the Crown Dependencies, with a brief to enhance the firm’s risk and regulatory consulting services. Emma brings nearly 20 years’ experience from her role at the Guernsey Financial Services Commission, most recently as Director of the Authorisations and Innovation Division. In her new position at KPMG, Emma will use her regulatory knowledge to assist private sector clients with a ...
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Brooks Macdonald International opens Isle of Man office
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Brooks Macdonald International has announced the opening of an Isle of Man office in Douglas. Forming part of Brooks Macdonald International, which also has offices in Jersey and Guernsey, the new office will help the firm expand relationships with clients and intermediaries and support its growth in Europe, the Middle East and Africa. Richard Hughes, CEO, Brooks Macdonald International, commented: “The Isle of Man is well regarded as an international centre of excellence for fi...
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