Dominion, one of the largest privately owned independent Trust Company’s with over 90 staff based in Geneva, Jersey, London, Malta, New York and Wilmington is delighted to announce the acquisition of OAK International Fiduciary SA. The Trust Company acquired by Dominion formerly comprised both the Swiss Trust Companies of the Royal Bank of Canada and Coutts the UK Private Bank.
This deal cements Dominion as a major player in the Private Client market in the International Fiduciary Business Sector. It is Dominion’s second acquisition in 10 months, following the purchase of WPS, Mirabaud’s former Trust Company, in December 2015. Mirabaud is also a large Swiss Financial Institution that can trace its roots back to 1819.
Dominion’s latest acquisition is accompanied by several new senior appointments including Daniel Fitzpatrick who has been appointed to the role of Vice Chairman, Global Head of Trust and Chris Riser and David Adler who have been appointed as Directors.