03/19/2014
Bahamas Gains Captives Boost
More than 560 representatives from the captive insurance industry attended the conference, a record number for the event, hosted under the theme ‘Captives: Global Opportunities and Solutions’.
03/19/2014
More than 560 representatives from the captive insurance industry attended the conference, a record number for the event, hosted under the theme ‘Captives: Global Opportunities and Solutions’.
03/19/2014
Investors Moving Toward a "Risk-off" Position Amid Geopolitical Unrest - BofA Merrill Lynch
Global investors are moving toward a "risk off" stance, taking on greater protection as the prospect of geopolitical instability grows, according to the BofA Merrill Lynch Fund Manager Survey for March.
03/18/2014
Captive Managers Handpick Cayman
The Cayman Islands Monetary Authority has licenced three new captive managers, filtering global captive business into one cohesive domicile.
03/18/2014
Fund Structures for Family Offices by Joe Truelove, Carey Group
Here are his thoughts on why family offices may be turning to fund like structures.
03/18/2014
The U.S. Virgin Islands is attempting to lure small businesses with substantial corporate tax breaks, in a bid to create jobs and diversify the tiny territory’s $4.2 billion economy.
03/18/2014
The remainder (46%) see smaller banks capturing share through increasing differentiation. Executives are also divided as to the threat posed by non-traditional new players: while 55% believe they pose a threat to traditional banks, 31% believe they presen
03/17/2014
Our third Global Consumer Banking Survey looks at banking through the lens of the customer. How do customers perceive their banks? What services do they expect their banks to provide? How well do their banks deliver on promises?
03/17/2014
The use of o ff shore companies in Islamic fi nance is driven by many of the same factors as in conventional banking, as tax e ffi ciency, bankruptcy-remoteness and privacy are considerations common to most cross-border transactions.
03/17/2014
United States Virgin Islands Governor John de Jongh led a two-day economic mission to New York City last week.
03/16/2014
The idea of a virtual currency is clearly an appealing one for those who mistrust their national currency, the traditional banking system, or who seek a means of circumventing inflation or capital controls.
03/10/2014
The digital cryptocurrency which may or may not have been founded in 2009 by a 64-year-old Japanese recluse — was hit by the biggest challenge it's faced so far when Mt. Gox, the world's largest bitcoin exchange.
03/07/2014
Money is the most uncomfortable topic of conversation for six out of ten high-net-worth individuals, according to a new international poll.
03/04/2014
Strangely, nobody knows who created it
03/03/2014
Today's marketplace provides investment firms with a wide range of asset classes to help them to manage money effectively.
02/27/2014
A US-based company is planning to invest $3.5 million in setting-up a regional bio-bank centre in the Bahamas, with the inaugural laboratory set to employ between 12-14 people.
02/26/2014
IoD Jersey Director of the Year awards
The IoD's Jersey branch is looking to recognise unsung heroes and heroines from all areas of the economy - private, public and third sectors - in its annual awards.
02/25/2014
Skipton International has consolidated its position as the lender of choice in the Channel Islands in 2013, growing its mortgage business by 10% on the previous year and further bolstering its deposit taking activities.
02/24/2014
Bahamas: Minister Pinder speaks on international aspects of financial services
Minister of Financial Services Ryan Pinder said, on February 20, 2014, that the international landscape for financial services continues to change extremely rapidly and his Ministry continues to actively follow and engage on issues emanating from the Glob
02/24/2014
Global assets under management to exceed $100 trillion by 2020: PwC
Global assets under management (AuM) will rise to around $101.7 trillion by 2020, from a 2012 total of $63.9 trillion, says a PwC report released today. This represents a compound annual growth rate (CAGR) of nearly 6%.
02/21/2014
Government reiterates that Bank of Bahamas is safe
Bahamas government has again sought to reassure nationals that it was not interfering in the operations of the Bank of Bahamas in which it has 65 per cent majority share holding.