Sunday 15 December 2024
Select a region
Business

Vistra acquires corporate services business from Deutsche Bank

Vistra acquires corporate services business from Deutsche Bank

Wednesday 18 July 2018

Vistra acquires corporate services business from Deutsche Bank

Wednesday 18 July 2018


Vistra has completed the acquisition of the corporate services business in Jersey of Deutsche Bank’s Global Transaction Banking division.

The business will now be rebranded under the Vistra umbrella.

Corporate services provides management and administration of Special Purpose Vehicles and asset holding companies to banks, non-bank financial institutions and corporates. In addition to the operation in Jersey, the acquisition of the UK, Luxembourg, Ireland, and the US operations was also completed this week.

Commenting on the acquisition completion, Jane Pearce, Country Managing Director, Vistra Jersey said, “We are pleased to be officially welcoming Deutsche Bank’s Corporate Services business inJersey to the Vistra team. This broadens our capabilities and presence in the region significantly. This acquisition will facilitate growth allowing us to leverage our existing business networks and capabilities, particularly across Europe, whilst enhancing and consolidating our capabilities particularly within the Capital Markets and Structured Finance sectors. We are looking forward to continuing to grow in the region, creating exciting opportunities for both our current and new employees.”

Sign up to newsletter

 

The latest in Petty Debts

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?