Zedra has completed the acquisition of BNP Paribas Jersey Trust Corporation Limited (BNPP), following the granting of regulatory approval.
For over 30 years, BNPP has been offering personalised trustee and fiduciary services to its clients. The firm also has over a decade of experience providing trustee services to private equity and real estate institutional funds.
Zedra has a strong heritage in Jersey, one of the world’s leading international finance centres with the highest regulatory standards. Jersey represents a core jurisdiction for Zedra, where the firm has established its largest office, consisting of 90+ colleagues, offering a full range of services for corporates, active wealth and both regulated and private funds.
The acquisition will further boost Zedra’s presence in Jersey, strengthening its offering for corporates and active wealth. It will also provide BNP Paribas clients with access to a greater range of services, both in Jersey and elsewhere within the Zedra Group.
The acquisition follows Zedra’s acquisition of BNP Paribas Singapore Trust Corporation Limited in July 2020, now fully integrated and renamed Zedra Trustees (Singapore) Limited. The business caters to the growing Asian ultra-high net worth and high net worth markets, with the majority of clientele consisting of families and entrepreneurs.
The main images shows Steven Bowen, Managing Director, Zedra Trust Jersey & Head of Channel Islands