Below is an announcement made in the press on 10 June outlining that Ernst & Young Trust Company (Jersey) Limited is in discussion with Kleinwort Benson Channel Islands with a view to merging their respective businesses - Ernst & Young Trust Company (Jersey) Limited will then become part of the Kleinwort Benson Channel Islands group.
David Waters, Managing Director of the Trust Company quoted "We will retain preferred supplier status from Ernst & Young International who are entirely supportive of this move. We believe it will be business as usual. I and all my fellow directors will be remaining with the company and I will give further information to all our clients once any agreement is made".
