06/11/2015
The word offshore banking often evokes quite a number of unsavoury connotations. It’s associated with tax evasion,money laundering and high-level of secrecy,but the truth is that anyone can open an offshore bank account and it’s completely le
06/11/2015
Two European private banks on collision course
Two small, private and respected European wealth management banks find themselves on a collision course in 2015
06/11/2015
Earlier this year, VDS received the ISAE 3402 Type I certification. Developed by the International Auditing and Assurance Standards Board, the ISAE 3402 is a global assurance standard that auditors can use to ensure the integrity of an organisation’
06/11/2015
Close Weekly Close Up
06/10/2015
Webber: Maintaining Bermuda’s Competitiveness
Beginning his speech, Mr Webber said, “Before I begin, I think it says rather a lot about Bermuda to have two major insurance conferences happening on the island at the exact same time – and they are both full!
06/10/2015
Barclays to sell offshore trust and fiduciary business
Barclays offshore trust business is based in Jersey, Guernsey, the Isle of Man, the Cayman Islands, Singapore and Switzerland.
06/09/2015
Bahamas Financial Services Competitive Model Not Easily Duplicated Says Minister Strachan
The Minister affirmed she is committed to working with what has been provided
06/09/2015
UBS Transfers Assets to Swiss Unit to Meet Regulatory Demands
UBS Group AG plans to transfer assets and operations into a new Swiss unit on June 14 to meet regulatory demands to make the company easier to break up in a crisis.
06/09/2015
Domestic Woes Drive Brazilian Wealth to Offshore Markets
The country’s affluent investors have roughly doubled their offshore investment, curbing growth at Brazil’s wealth management firms.
06/09/2015
First speakers confirmed for Channel Islands Funds Forum 2015
Representatives of the Channel Islands Securities Exchange, the Financials Services Commissions from both Jersey and Guernsey, and the islands’ leading funds and law firms are among the speakers who have confirmed for this year’s Channel Islan
06/09/2015
Jersey Finance calls for future cooperation in shaping international transparency
Geoff Cook, CEO of Jersey Finance, says global transparency is here to stay as investors look to diversify assets allocation amidst multiple models in place for information exchange.
06/08/2015
Republic Bank to form holding company
The Republic Bank Group has announced its intention to form a holding company, to be called Republic Financial Holdings Limited
06/05/2015
Delta National Bank appears more than 24 times in US charges against football officials and has had at least three prior run-ins with authorities
06/05/2015
Based in BMI’s Jersey office, Adam is responsible for managing discretionary private client
06/03/2015
A local and international audience of investment professionals and clients will hear EFG’s latest investment advice to global families and their trusted advisors.
06/03/2015
One of America’s most respected authorities on Internet security, former White House chief information officer Theresa Payton, will give the keynote speech at next week’s annual Bermuda Captive Conference
06/03/2015
The transaction used the Banking Business (Jersey) Law 1991 which allows a Jersey deposit-taking business to be transferred from one bank to another by means of a Court-sanctioned scheme.
06/02/2015
BCB Custody provides a single dedicated contact person to ensure that the client does not feel ‘lost in the stream’
06/02/2015
David Bloom, Global Head of FX Strategy for HSBC and Ryan Wang, US Economist for HSBC Securities will be participating in the Bermuda Captive Conference to be held at the Fairmont Southampton 8 - 10 June.
06/02/2015
The Bank of Butterfield is to look at listing its shares in either the US or the UK, as well as Bermuda