JTC Plc (JTC.L) reported net organic revenue growth of above 10% in the half period ended 30 June 2025. The Board expects the Group to deliver full year results for 2025 in line with expectations and is now highly confident of delivering on the Cosmos era plan, ahead of schedule, before the end of 2027.
JTC announced the proposed acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries, which are wholly owned subsidiaries of Union Bancaire Privée, UBP SA, for total consideration of 20 million pounds, which will be settled in cash.
The acquisition is expected to complete in fourth quarter of 2025 and be accretive to earnings per share in 2026.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.