Collins. Michael It's Yes.
hasn't changed. So geography-wise, that
that Geneva and the on add changed. hasn't New side in of banking in terms or the whether Guernsey, on Bermuda if you and Bahamas, So side, Cayman, Singapore and truck Jersey,
good some that So the and jurisdictions good. some and as very there is aren't small, quite there's are offshore world very jurisdictions
are, but in could we there. or So particular would in is we're we of We in imagine world obviously, a growth top company trust Singapore, places. know they X Singapore now. area. the private We're right compete never X what sort the banking that
So want is income. be, to we we know exactly fee which where
private across And much are they're companies, pretty pretty are when look trust geographies. So trust, geographies you good -- same. at the those the exactly ones
So to stick. that's going
fund income We fee of administration, There's XX trust, likes, going been to in terms still the don't be obviously is want We private other businesses. private it's want in technology-intensive. to be private which trust. businesses, very years. we've criteria, equity In stay for which those company to in administration,
little The terms So, to bigger to maybe XXx a say if the bit EBITDA, thing I'd choose asset can larger can reputable appetite, in at of ways If sort it's only a more trust company or it's one. legal we basically, as is acquire one we by we're going our larger it's opportunity. purchase so two do each if stick acquisition Xx is company a do company. that. price we it acquire EBITDA, And a and a little small a a would seller, difficult, from an trust more and trust entity, then trust a of we just
But I consider changed. say it's geography would be of we the nothing's a essentially, buying, if it's terms opportunity, paying right So might in more. consistent. we would bit what and