JTC has today completed the acquisition of Minerva, the Jersey-headquartered global provider of private client, corporate, fund and treasury services.
Having initially announced a conditional agreement to acquire Minerva on 6 September 2018, regulatory approvals have now been granted to conclude the deal.
As well as bringing JTC’s total headcount to more than 650 across 18 locations and growing the firm’s total value of assets under administration to US$100bn, the acquisition will specifically add a new Dubai office to JTC’s global network and increase the company’s scale of services in five of its existing locations – Jersey, London, Geneva, Singapore and Mauritius.
