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Banking firm gains licence to work on Island

A global banking firm has gained a new licence to operate on the Island.

Investec Bank has been granted a new financial services licence under the Isle of Man Alternative Banking Regime.

Their representative operating out of Douglas, Mark Beresford, says they are 'looking forward' to working with their Manx clients.

He added that the Island provides a great opportunity to build on their success they have had with their Channel Island operations.

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