[A.M. Best Co.](http://www.ambest.com) has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of [RoyalStar Assurance Limited ](http://www.rsabahamas.com/)(RSA) of Nassau, Bahamas. The outlook for both … Read More
Members in the News
TIGRS 2 Sub Fund Now Listed on BISX
The Bahamas International Securities Exchange (BISX) announced today that the Royal Fidelity International Investment Fund Limited, Class N, TIGRS, Series 2 Sub Fund (“the TIGRS 2 Sub Fund”) completed the … Read More
Citco Ranked Number 1 in 2009 HFA Survey
[Citco Fund Services](http://www.citco.com/Divisions_Fund_Services.jsp), the world’s leading provider of hedge fund administration services, is the number 1 rated administrator overall in Global Custodian’s 2009 HFA survey – having been awarded first … Read More
SYZ & CO Expands
International hedge fund manager and Swiss banking group, [SYZ & CO,](http://www.syzbank.ch) has acquired 50% of the asset management company owned by Spanish alternative investment group N+1. The joint venture, named … Read More
Providence Advisors Celebrates Third Anniversary
[Providence Advisors](http://www.providenceadvisors.net) is celebrating its third anniversary in pension administration and investment management, after having split from SG Hambros Bank & Trust (Bahamas) Ltd. Kenwood Kerr, CEO and Chief Investment … Read More
Fidelity Bank ATMs Accept all Local and International Visa Cards
Locally and internationally issued VISA and VISA PLUS cards are now accepted at all Fidelity Bank ATMs located in Nassau, Freeport and Abaco. *“Our Fidelity Bank ATMs can now process … Read More
Ansbacher (Bahamas) Limited to merge with Sentinel Bank & Trust
**AF Holdings Limited** has reported that it has secured full Government approval to complete its acquisition of A**nsbacher (Bahamas) Limited** from the Ansbacher Group. The Qatar National Bank is the … Read More
Royal Fidelity Adds Foundations to Estate Planning Portfolio
[***Royal Fidelity Merchant Bank & Trust Limited***](http://www.royalfidelity.com/bahamas/contact.html) has added [**Foundations**](https://bfsb-bahamas.com/guides/pdf/096625300.pdf) incorporation and administration to their Trust and Estate Planning portfolio. A Foundation is a relatively new estate planning vehicle to … Read More
Société Générale: Adapting to Change
At its February 17th 2009 meeting, the Board of Directors of Société Générale approved the financial statements for 2008, with Group net income of EUR 2.0 billion (EUR 0.1 billion … Read More
Commonwealth sees 2008 net income rise
Commonwealth Bank has reported a 2008 net income up more than $500k from the previous year despite growth in delinquencies – one of its most impressive results. *”We are able … Read More