UK companies are struggling to keep up with peers on growth Markets UK companies are failing to keep up with international peers on sustained growth, data from Panmure Liberum has revealed. While practically all companies manage to create strong growth on occasional years, few companies have managed to keep growth going every year, noted Joachim Klement, investment strategist at Panmure Liberum. The longest streak on record for [...]
JTC: Profit soars after spate of acquisitions Investing Financial services provider JTC has hailed a good start to the year after beating its upgraded guidance after a flurry of acquisitions. The acquisitive fund management firm, which is a FTSE 250 constituent, reported revenue of £147.1m in the six months to 30 June, a 21.1 per cent rise on the year prior. Earnings before [...]
JTC snaps up Citi Trust as it continues transatlantic takeover spree Business FTSE 250 corporate solutions firm JTC has struck an $80m (£60.7m) deal to expand its financial services division with a new acquisition – the latest in a string of recent takeovers. The London-listed company, which is headquartered in the city, revealed it had bought out the US-based fiduciary business Citi Trust from Citi Bank in [...]
FTSE 250 giant JTC snaps up employer services firm in latest takeover deal August 19, 2024 FTSE 250 corporate solutions firm JTC has struck a deal to expand its employer services division with a new acquisition – the latest in a string of recent takeovers. The London-listed firm, headquartered in Jersey, revealed plans today to acquire the Buck UK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co [...]
London-listed JTC buys First Republic trust administration unit in JP Morgan carve out April 22, 2024 London-listed firm JTC has struck a deal to acquire one of First Republic's trust administration arms from JPMorgan Chase for $21m.