RBC Royal Bank of Canada, a member of the RBC Financial Group, last month opened new branches in Harbour Island and Treasure Cay. At opening ceremonies, the Governor of the … Read More
Members in the News
Record Growth Continues
Last week Commonwealth Bank published its Annual Report, citing 2001 as its most successful year ever. The Report indicated record growth for the fifth consecutive year, a jump of 4.75% … Read More
Software Applications For The International Financial Services Industry
Data Systems International (DSI) has announced that The Winterbotham Group has licensed two of the Modules in the IPBS2000 suite of financial services programmes, namely the “Mutual Funds and Share … Read More
Fund Industry Set To Expand
Investment Management Company Sees The Bahamas Well Positioned For Continued Growth of the Fund Industry According to RMF Investment Products (Bahamas) Ltd., *”the important role of globalisation and a tax … Read More
An Insurance Company For The 21st Century
The Colina Financial Group has acquired majority shares in Global Bahamas Holdings Limited from Barbados Mutual and Life of Barbados. It is proposed to merge Global Life Assurance Bahamas Limited … Read More
Citco Looks To Hedge Funds For New Service
Citco Fund Services last week announced that it will offer a suite of technology based support services aimed at hedge fund clients. It is anticipated that this will benefit the … Read More
Plans Moving Forward for FirstCaribbean International Bank
At the recent Annual General Meeting of Bahamian shareholders of CIBC Bahamas Limited, President Michael Mansoor, President & CEO of CIBC West Indies Holdings took the opportunity to comment on … Read More
Milestone for Telecommunications in The Bahamas
The Public Utilities Commission has granted the only other competitive voice license to the one that is already issued to the public telecommunications company, BaTelCo, and in the process has … Read More
Cable Bahamas Increases CoralWave Speeds
Effective March 1, CoralWave customers have seen increases in speed (up to 400%) and performance, with no increase in price. This comes as part of Cable Bahamas’ continuing efforts to … Read More
Imperial Life Canada Completes Merger
Imperial Life Assurance Company of Canada, the parent company of Imperial Life Financial (Bahamas) has completed its merger with Desjardins-Laurentian Life Assurance (DLLA), creating the Desjardins Financial Security Life Assurance … Read More