01/27/2015

Praxis and IFM Group announce plans to merge

GUERNSEY-based Praxis Group and Jersey-based IFM Group have announced plans to merge and create one of the largest independent and owner-managed financial services groups headquartered in the Channel Islands.

01/23/2015

Cibc Eyes Staff Tripling At New Business Unit

CIBC FirstCaribbean’s Bahamian private wealth management unit will be based at the Goodman’s Bay Corporate Centre on West Bay Street, which already houses the bank’s Bahamas-based trust company.

01/21/2015

RBC Royal Bankers donate to local Bahamian charities

RBC partnered with the charities over the past several years, providing assistance to the organizations in their efforts to contribute to the health, vitality and education of communities throughout The Bahamas.

01/14/2015

Bahamian Bank Sued On $8.7m ‘Total Loss’

Three investors in the BHP Advisors Fund are claiming that EFG Bank & Trust (Bahamas) had ‘conflicting duties’ towards both themselves and the fund, and that they were induced to invest by “misleading representations” in its of

01/13/2015

Hong Kong billionaire relocating firms to Cayman

One of the world’s richest men and most generous philanthropists, Li Ka-shing, regularly part of the Fortune 500 list of billionaires and Hong Kong’s wealthiest businessman, is shifting his business empire to the Cayman Islands.