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J&T Group acquires Bayshore Bank & Trust (Barbados) Corporation

The J&T Group is proud to announce that they have recently acquired Bayshore Bank & Trust (Barbados) Corporation (Bayshore), a leading private bank in the Caribbean. The J & T Group is building an international bank network that will combine the high value service traditions of niche private banks with the investment depth of a world class major financial institution.

Mr. John P. Bujouves, Chairman of Bayshore, recognized J&T as an excellent partner to help expand international operations. "It is a group with a developed infrastructure and strong vision, which it fulfills thanks to its high-quality management". Mr. Bujouves goes on to state, "There is a very strong fit with our respective approach to service and business discipline. We also share similar philosophies on investment styles, which includes objective sourcing of the world's top-class investments. Bayshore itself has been growing rapidly over the past several years, most significantly with its acquisition and integration of CIBC's Trust business in Barbados and Private Counsel Trust in The Turks & Caicos."

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