Nigel Le Quesne
Global professional services business JTC is set to acquire First Republic Trust Company of Delaware LLC (FRTC-DE), a wholly owned subsidiary of JPMorgan Chase Bank.
FRTC-DE is a provider of trust administration services to high net worth individuals and is headquartered in Wilmington, Delaware.
The firm has approximately $9 billion of assets under administration by market value.
Post-comple...