Members in the News

Fidelity Bank (Bahamas) recently reopened its former Frederick Street branch as the first of six one-stop Fidelity Financial Centres, providing traditional banking products as well as mutual funds, trust, financial … Read More

**CFAL** is the new name and branding entity for Colina Financial Advisors. The name change involves a complete rebranding of the company which has been providing a full range of … Read More

**Fidelity Bank (Bahamas)** recently launched a $15 million rights offering, geared towards strengthening its capital base. Existing shareholders have been offered 12 million shares, priced at $1.25 per share. Fidelity … Read More

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of **RoyalStar Assurance Limited** (Bahamas). A media release from A.M. Best says the rating reflects RoyalStar’s solid capitalization, … Read More

**Citco Fund Services** has won “The Grannies” 2006 Award for the **Most Reliable Administrator**. The Grannies are hosted by The Albourne Village, and take place every two years. Founding fathers … Read More

Butterfield Bank this past week reported net income for the second quarter ended 30 June 2006 of $33.9 million, up 12.7% year on year. Year to date net income increased … Read More

**Bank of the Bahamas International** has received Euromoney Magazine’s Award for Excellence. BOBI was selected as “Best Bank” in The Bahamas, based on three leading criteria: performance, innovation and attention … Read More

Bahamas-based private client, corporate and commercial law firm **Higgs & Johnson** has been short-listed for the international Society of Trust & Estate Practitioners’ (STEP) *Offshore Legal Team of the Year* … Read More

FirstCaribbean International Bank has confirmed that majority shareholders CIBC and Barclays Bank have reached a definitive agreement for CIBC to acquire Barclays’ 43.7% ownership stake in FirstCaribbean. At the completion … Read More

Local real estate firm **Bahamas Realty Limited** has qualified for ***The Luxury Portfolio Fine Property Collection***, the flagship luxury program of Leading Real Estate Companies of the World (Leading RE) … Read More