Jersey started from the basis of private client and trust work in the 1960s. The next decade saw the...
Jersey started from the basis of private client and trust work in the 1960s. The next decade saw the island's banks introduce services for expatriates, particularly British expatriates who were attracted to an English-speaking, politically stable location where familiar banking names were present. While maintaining this traditional appeal, the attractiveness of the jurisdiction to overseas investors has since been widened to include many foreign expatriate customers. As of 30 June 2001, the value of funds in the centre stands at £106bn. This is an increase of 21.23% over the same quarter...
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