Portman CI opens Guernsey office

Portman Channel Islands has opened up its office on Guernsey to create a branch allowing investors to contact the offshore arm of the UK building society even as it expects to lose business from the introduction of the EU"s savings tax directive. This is Portman"s third offshore office, joining ones in Orkney and Alderney. The new office has been expanded from one person dealing with administration to three, helping clients with Portman"s sterling-based savings accounts. Steve Le Poidevin, managing director of Portman, the UK"s fourth-largest building society with more than £14bn in ass...