Managers of Wealth Offshore

Ramsey Commissioners 'extremely concerned' by HSBC withdrawal

Authority urging bank to re-think the decision

Skipton finalists in elite UK Awards for second year running

The bank is up against stiff competition, including Barclays Bank, HSBC, and Santander International.

HSBC announce Ramsey closure

All Ramsey branch staff will be offered positions at the Douglas branch.

Retailers federation says Christmas sales on par with 2021

“Many mentioned that the rainy weather closer to the days leading up to Christmas was a bit of an impediment to sales. However, most reported that December had started strongly thus resulting in sales that were comparable to last year, which was a f

External reserves decline to just under $1 billion in November

“Further, commercial banks net outflows to their customers increased to $59.7 million from $49.4 million in the prior year.”

Govt aims to tackle inflation

“We have done what we can and (are) looking at what other things we can do to assist.”

Jobless total falls slightly in November

Figures from the Cabinet Office show that 277 people were registered as jobless, a fall of thirteen on the the previous month.

CIBC FirstCaribbean ends fiscal 2022 up 40% year over year

The bank closed fiscal 2022 with strong results, reporting net income of $51.5 million in the fourth quarter, up 47 percent from the prior year’s quarter of $35.1 million.

NBD receives ECCB Bank of the Year award for 2022

Of the eight participating banks, five banks were shortlisted for the interview stage which formed 30 per cent of their overall score.

Economist predicts “much of the same” for 2023 with lower economic growth

My expectation is 2023 is going to be fairly the same as 2022 even if the growth is slower

Double award for Standard Bank’s International Fiduciary Services Team

The awards ceremony was held on 16 November at a glittering event in London.

HSBC Malta wins corporate award at the National Volunteer Awards

Event recognises people or entities who make a positive contribution to society

Pandemic a mixed bag for remote workers - study

A majority of workers in IT and telecommunications suffered a regression in their physical health as the COVID-19 pandemic forced them into remote working

Amber Farrington Recognised as a 2022 Rising Star by the Bermudian Magazine

Thirteen Rising Stars, all under the age of 30, were recognised by The Bermudian Magazine.

Lloyd’s chief in Bermuda to build bridges with London

In April, The Royal Gazette reported that Bermuda reinsurers were monitoring ballooning property insurance rates in Florida, downgrades to the state’s property insurers precipitated in part by insurance fraud and expensive litigation.

Fractures in the family: Advising wealthy families in the midst of conflict

Recent upheavals sweeping the globe, including significant changes in social and familial structures and technological, political and economic shifts, have quite obviously also stoked the fire of underlying family tensions with incendiary results.

HSBC could lose 100 staff in new round of branch closures

The bank said it has seen a substantial decline in customers coming into its branches over the last five years, but especially since the pandemic.

BMA: supervision of AI/ML systems to be risk-based

In the survey, conducted late last year, insurance groups reported that 68 per cent were using AI/ML systems.

S&P rating a “shot in the arm”, says governance reformer

The ratings, a nod to the speed of the economic reconsolidation and the economic policies of the government, is an important counterbalance to the recent Moody’s downgrade.

Connection is Key – November/December Update from Allan Wood

For the first time, we travelled outside our US ‘home’ city with a series of events in Chicago, Miami, and San Francisco.

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