Managers of Wealth Offshore

Jersey Financial Services Commission issues 2014 Annual Report

The Jersey Financial Services Commission has today published its Annual Report and financial statements for 2014

Commonwealth Bank ‘Most Profitable of All Banks’ Execs tell Shareholders

For the second consecutive year, Commonwealth Bank reported it was ‘the most profitable of all (retail) banks’ with net earnings of $53.3 million, $16 million higher than its nearest competitor and up from $48.7 million over

States of Jersey Financial Report and Accounts 2014 released

The States of Jersey Financial Report and Accounts 2014 have been released today (Wednesday 10 June) by the Treasury and Resources Minister.

RBC reports record net income

Royal Bank of Canada today reported record net income of $2,502 million for the second quarter ended April 30, 2015, up $301 million or 14% from the prior year.

Labuan IBFC records 12.3pc growth in registration of firms for FY14

There were 18 new insurance and insurance-related licences approved in FY2014 with the majority originating from Asia.

UBS's wealth management businesses delivers highest profits since 2008

UBS Q1 net profit CHF 2 billion, up 88%

Cayman Islands: Greenlight Capital Re reports 1Q loss

Greenlight Capital Re, Ltd.has announced financial results for the first quarter ended March 31, 2015

BF&M Limited: $21.8 Million Net Income In 2014

President & CEO John Wight [pictured] said, “The financial effects of Hurricanes Fay and Gonzalo in Bermuda turned an otherwise great financial year into a good one.

Ravenscroft see 40% increase in turnover in 2014

Ravenscroft saw a 40 per cent increase in turnover last year according to its 2014 results published last week

RBC increased earnings/new promise..

Caribbean Banking net income was a record (US)$1.22 million, up $83 million or seven percent compared to last year

HSBC private bank deal boosts inflows at Liechtenstein's LGT

HSBC's Swiss private bank has been at the centre of a media storm after client data and other documents were leaked last month

Investment income drives profits at Oxbridge Re

Oxbridge Re, the Cayman Islands-based property/casualty reinsurer backed by Tampa-based insurer HCI Group, posted a solid set of results for the year.

Conister Bank grows by 27% as Manx Financial Group posts a record profit of £1.73 million

This growth has been achieved without compromising credit quality evidenced by the decrease in impaired loans. Much of this growth has been built on new distribution agreements that the Bank has signed over the last two years.

Sagicor makes $8.5b profit despite hit on RBC acquisition

Sagicor Jamaica's profits have been on the rise for some time, but its current performance has positioned it alongside the big banks

HSBC Bermuda profits rise to $48m

The bank improved efficiency during the year, trimming operating expenses by $7 million, or 4 per cent, to $193 million.

Butterfield profit surges to nearly $100m

The results represented a fourth consecutive year of earnings growth for Butterfield.

Skipton International reports strong growth for 2014

Guernsey bank, Skipton International has reported strong growth in both mortgage lending and savings for 2014

HSBC Malta announces €52m profit

HSBC Malta said today it made a pre-tax profit of €52m in 2014, down by €38m, or 42%, compared to the previous year

BAHAMAS: CIBC Lay-Offs 30% Below Projections

CIBC FirstCaribbean International Bank (Bahamas) managed to cut projected lay-offs by 30 per cent through switching employees to other posts

RBC Caribbean declares $735m loss

RBC Financial Ltd has reported a huge loss on its operations across the region in its 2014 financial statement,