Managers of Wealth Offshore

Thompson: Government revenues up but Bahamians continue to struggle

Still, Thompson noted that the Opposition is extremely concerned that the increase in revenue has not translated to improved circumstances for Bahamians.

Commercial banks eager to use available credit histories

Information from commercial banks, credit unions, other lending agencies and utility companies will all make up a person’s credit report.

Creating a better Bermuda is everyone’s responsibility

Tell all those who will listen that it is everyone’s responsibility to create a better Bermuda

Improvement: Government revenue exceeds revised target by $270 million

It further noted that improved revenue performance also represents an increase of $364.1 million over original revenue forecasts for the fiscal year, despite the reduction in the nominal VAT rate from 12 percent to 10 percent beginning January 1, 2022.

Scotia Group Q3 profit surges to $4b

Scotia Group said there was growth across its core business lines, supported by “prudent” cost management.

Captive insurance in The Bahamas - a success story

The growth in The Bahamas' captive market is largely attributed to small-to-medium sized entities (SMEs) seeking to set up their own segregated accounts.

Bermuda opens doors for captives

Unfortunately, as with everywhere else globally, Bermuda was hit by the COVID-19 pandemic, although the island was able to find a way to make the 2020 conference happen.

Caribbean tourism recovery gains momentum

We are confident that come December 31st, we will be over the line and meet the targets of 301,000 arrivals, which we achieved in 2019.

Central Bank of Trinidad and Tobago says labor market slowly recovering from pandemic

The CBTT said moving forward, policymakers, globally, are still combatting high inflation without unduly curtailing economic growth.

AM Best affirms ratings of INPEX Insurance

The ratings reflect IIL’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

Jason Romer Interviewed in the Brief

In the article, Jason shares key career milestones, discusses the difference between working onshore and offshore, and explores the importance of collaboration at Collas Crill.

Fidelity’s $500k behind but ‘still on $25m track’ despite falling

Mr Bowe told this newspaper that Fidelity’s investment was already “starting to bear fruit”

Citigroup : Citi Named Best Corporate/Institutional Digital Bank in 16 Latin American Countries

Citi Named Best Corporate/Institutional Digital Bank in 16 Latin American Countries

Inflation jumps five-fold to back PM’s warning

Reflective of the pass-through effects of the increase in global oil prices and supply chain shortages, domestic consumer price inflation - as measured by the All-Bahamas Retail Price Index - rose to 4.4 percent during the 12 months to June.

People ‘turning to credit as painfully high bills eat into incomes’

Households are turning to credit to maintain their standard of living, experts have suggested.

Clarien Bank Increase In Base Lending Rates

Clients will receive letter notices specifically detailing the change applicable to their loan.

‘Good leaders ensure that results are achieved in a sustainable way’

Leaders interview: Phil Eyre poses the questions to Dr Gary Yarwood, chairman of the MSG

$75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar

The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine

‘Too bad’: BOJ governor unswayed by cries of FX losses by big firms

The central bank head does not share the characterisation in some of the company earnings reports that the foreign exchange market has continued to be volatile.

Guernsey Finance's US Representative reflects on first few weeks in role

The main challenge I see in taking up this role is changing existing business habits in the US and leading more intermediaries to use Guernsey.

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