JTC PLC (LSE:JTC) agreed to acquire New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc. on April 27, 2022. The consideration will be settled in cash. The NYPTC team will join JTC. The transaction remains subject to various closing conditions and final regulatory approvals and is expected to complete before the end of the year 2022.

JTC PLC (LSE:JTC) completed the acquisition of New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc. on October 28, 2022. The acquisition has now received the necessary regulatory approvals.