Citi to Sell Trust Unit to JTC
Citi to Sell Trust Unit to JTC as Bank Aims to Simplify, Cut Costs
The deal will allow the financial instituion to “to focus…resources on areas that will create impact for our global clients and drive growth.”
Citigroup Sells Trust Services Unit to JTC for $80 Million
(Reuters) - Professional services provider JTC said on Monday it has agreed to buy Citigroup's global fiduciary and trust administration services business for $80 million.
JTC to absorb Citi Trust
Global professional services provider JTC has announced its intended acquisition of Citi Trust, the global fiduciary and trust administration services business. The deal for Citi Trust will bolster JTC's existing footprint and boost its position as an independent provider of global trust services.
Citigroup to Divest Trust Service Unit, In Line With Overhaul Goals (Revised)
This strategic focus will likely lead to enhanced profitability in the future, as Citigroup focuses its resources on high-growth areas. However, the current volatile macroeconomic background could present challenges,
JTC buys Citi Trust for $80m
Professional services provider JTC said on Monday that it has bought Citi Trust - the global fiduciary and trust administration services business - from Citigroup for $80m.
M&A News: Citigroup (NYSE:C) Sells Trust Business to JTC for $80M
Professional services provider JTC announced on Monday that it will acquire Citigroup’s ($C) global fiduciary and trust administration services
JTC: Profit soars after spate of acquisitions
Financial services provider JTC has hailed a good start to the year after beating its upgraded guidance after a flurry of ...
New teaching council Bill for Parliament soon
A new and improved Jamaica Teaching Council (JTC) Bill is expected to be tabled in Parliament soon following the completion ...
MDM3d
Zedra Names Former JTC Executive as Deputy CEO
ZEDRA appointed industry veteran Dean Blackburn to drive innovation and shape the company's strategic direction.
JTC shares slide despite solid first-half results
JTC, a global provider of fund, corporate, and private client services, saw its shares slide on Tuesday morning, even after ...
JTC PLC (JTCPF) Q2 2024 Earnings Call Transcript Highlights: Strong Revenue Growth and ...
JTC PLC (JTCPF) reports a 21.1% increase in group revenue and significant M&A activity, including the acquisition of Citi Trust.
JTC Plc H1 Profit Climbs; Sees FY24 Results In Line With Current Market Expectations
JTC Plc (JTCPF), a provider of fund, corporate and private client services, reported Tuesday that its first-half profit before tax ...
JTC snaps up Citi Trust as it continues transatlantic takeover spree
FTSE 250 corporate solutions firm JTC has struck an $80m (£60.7m) deal to expand its financial services division with a new ...