By Frank Prenesti
Date: Monday 22 Apr 2024
LONDON (ShareCast) - (Sharecast News) - Global professional services business JTC said it had bought JP Morgan Chase subsidiary First Republic Trust Company of Delaware for $21m.
FRTC-DE is a provider of trust administration services to high-net-worth individuals and is headquartered in Wilmington, Delaware. The company has approximately $9bn of assets under administration by market value, JTC said on Monday.
Post-completion of the acquisition, FRTC-DE will become part of JTC's Private Client Services division.
Reporting by Frank Prenesti for Sharecast.com
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Currency | US Dollars |
Share Price | $ 261.22 |
Change Today | $ 0.55 |
% Change | 0.21 % |
52 Week High | $279.95 |
52 Week Low | $191.53 |
Volume | 4,807,195 |
Shares Issued | 2,797.62m |
Market Cap | $730,794m |
Beta | 1.01 |
RiskGrade | 133 |
Strong Buy | 6 |
Buy | 8 |
Neutral | 14 |
Sell | 0 |
Strong Sell | 0 |
Total | 28 |
Time | Volume / Share Price |
15:38 | 100 @ $261.23 |
15:38 | 100 @ $261.23 |
15:38 | 100 @ $261.22 |
15:38 | 100 @ $261.22 |
15:38 | 100 @ $261.18 |
Chair | Alan Clifton |
CEO | William B Harrison, Jr. |
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