Close Offshore rebrands as Kleinwort Benson

The sale includes Close Offshore's private banking, fund administration, fund management, trust and asset management business across all three centres of Offshore Britain - Guernsey, Jersey and the Isle of Man.  It also includes Close's shared service centre in Cape Town. The acquisition has boosted Kleinwort Benson's private wealth assets under management by £1.6bn, while extending its offshore reach with additional presence in the Isle of Man and South Africa. All of the Close entities are to be rebranded as Kleinwort Benson. Sally Tennant, Chief Executive Officer of Kleinwort Benso...