Continued private equity investment, management buy-outs (MBOs) and M&A activity in the UK and Crown Dependencies trust sector has resulted in a smaller pool of firms to select a 2016 eprivateclient Top 25 Trust Companies from, but one of greater depth.
2016 saw an extension of the trend seen last year where larger firms – backed by private equity investment – have hoovered up a number of smaller trust companies. At the same time, the sector has seen larger banks scaling back their offshore operations, as highlighted by the acquisition of Barclays trust business b...