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Caribbean Banking
CIBC FirstCaribbean Wins Best Renewable Energy Financing Award
When the Caribbean Renewable Energy Forum (CREF) met for its 14and in Miami, Florida, CIBC FirstCaribbean was recently named the recipient of the award for Best Renewable Energy Financing in the 2022 CREF Industry Awards.The forum returned…
Barclays awards $255,000 to small businesses as part of ‘Small Business Big Wins’…
Through essays and photos, more than 4,750 small businesses from across the country shared their compelling stories of resilience in a landscape forever changed by COVID-19 and how they met the unique demands of 2021 through promotion."…
Broward Executives Visit Dubai Seeking Middle Eastern Investors – Sun Sentinel
There are strong similarities between Fort Lauderdale and Dubai, the most populous Persian Gulf coast city in the United Arab Emirates.Both have man-made islands, beaches, international airports and seaports. Their local economies are…
A high-level Belize government delegation meets with multilateral development banks, U.S. government…
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Posted: Thursday, April 28, 2022. 11:49 a.m. CST. CONTRIBUTED BY THE MINISTRY OF ECONOMIC DEVELOPMENT: The deputy. Christopher Coye, Minister of State, Ministry of Finance, Economic…
Strategies to develop to deal with contract killings – Magnetic media
By Sherrica Thompson
Personal editor
#Bermuda, April 26, 2022 - Bermuda's Deputy Prime Minister and Home Secretary, Walter Roban, urges island states, especially British Overseas Territories, to devote the same enthusiasm they have to…
Police investigate ATM explosion in eastern Jamaica
KINGSTON, Jamaica — An explosion at an automated teller machine (ATM) in the town of Port Antonio in the eastern parish of Portland on Saturday is now the subject of a criminal investigation.
Police report that early Saturday, shortly…
‘Reclaiming Lost Ground’: Government Digital Assets Plan – Finance and Banking
To print this article, all you need to do is be registered or log in to Mondaq.com.
The Bahamas has "an incredible opportunity to reclaim lost ground and be part of the new frontier of finance," digital asset specialists…
Building Expo 2022 will focus on affordable housing and better mortgages
The International Building Expo is set to return in July with a particular focus on affordable housing and construction in a rapidly changing Guyana.
The exhibition was launched last night by the Ministry of Housing and Water at the…
Mesirow becomes an approved underwriter for the Inter-American Development Bank
We are proud to join the IDB Dealer Group - George Barbar
Tweet that
“Mesirow's ability to design financial solutions with an environmental/social/governance (ESG) lens makes it a strong partner for the Inter-American Development Bank.…
Bank of Nova Scotia (TSE:BNS) Receives Average ‘Hold’ Rating from Analysts
Bank of Nova Scotia (TSE:BNS - Get Rating) (NYSE:BNS) shares have received an average rating of "Buy" from the fourteen brokerages that currently cover the business, Marketbeat.com reports. . Four investment!-->…
$1.62 EPS expected for Bank of Nova Scotia (NYSE:BNS) this quarter
Wall Street brokerages expect Bank of Nova Scotia (NYSE:BNS - Get Rating) (TSE:BNS) to report earnings of $1.62 per share for the current fiscal quarter, reports Zacks Investment Research. Two analysts provided!-->…
Digital Transformation Means Greater Member Retention and Revenue for The Nature Conservancy
In 2020, in the midst of a pandemic, environmental conservation may not have been at the forefront of most people's minds. So how did The Nature Conservancy, a global environmental nonprofit, have its best year ever in terms of…
Benson Ebanks buried
CHIN officers carry the casket of Benson O. Ebanks after his funeral service at John Gray Memorial United Church in West Bay on Friday, April 8. - Photo: Taneos RamsayThe late statesman Benson Obadiah Ebanks was laid to rest on Friday…
Covid updates: US officials set tight deadline to redesign vaccines
Attorney General Merrick Garland on Capitol Hill in Washington in 2021.Credit...Al Drago for The New York TimesAttorney General Merrick B. Garland and Commerce Secretary Gina Raimondo said Wednesday they had tested positive for the…
Edward C. (Eddie) Hayward III
Edward C. (Eddie) Hayward III was born and raised in Grenada, Mississippi by loving parents, Christine and EC Hayward, Jr. He attended Millsaps College his freshman year, then transferred to Ole Miss to receive his undergraduate degree in…
Head of TTMA: Many benefits to be gained from TT-Guyana trade | Local News
Despite the negativity that sometimes surrounds relations between Trinidad and Tobago and Guyana, the…
[WATCH] Over 50% of Kenyans use feature phones and a CBDC would block them, says central bank…
https://www.youtube.com/watch?v=Ic1yB2LQGMA
As the Central Bank of Kenya (CBK) continues to gather public views around a Central Bank Digital Currency (CBDC), the Governor has revealed that it is not yet…
Get Safe Online reveals that emails are a prime target for criminals
More than nine in ten (93%) adults in 22 Commonwealth countries are unaware that email passwords and access to personal and work email accounts are prime targets for criminals and other malicious actors, according to new research from Get…
How Wall Street bankers plan to spend their bonuses differently this year
It's bonus season on Wall Street, and rich to boot, but people aren't spending like they used to, says Andy, an anonymous financier turned Instagram financial influencer.Awaiting, for many, are the usual bonus time trinkets: bespoke…
Ansa McAl boasts of pre-pandemic level profits
News
Jensen La Vendee
7 hours ago
Anthony N Sabga III -
CONGLOMERATE Ansa McAl Group boasted Thursday of pre-pandemic-like profits and continued project successes as the world eases!-->!-->!-->!-->!-->!-->!-->!-->!-->…
The Daily Herald – Second Chamber members updated on Saba issues
Commissioner Bruce Zagers (centre) and Island Secretary Tim Muller (right) with the Chair of the Second House Standing Committee for Kingdom Relations Mariëlle Paul (left) last week on Thursday.SABA -- Commissioner Bruce Zagers and Island…
5,000 students to start coding classes this month – Jamaica Information Service
About 5,000 students enrolled in the National Schools Coding Program are expected to begin their training this month.
The managing director of software firm Amber Group Limited, which is partnering with the Department for Education…
Bladex Announces Successful Closing of New 3-Year Global Syndicated Loan
PANAMA CITY, March 18, 2022 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, SA ("Bladex", or "the Bank", NYSE: BLX) today announced the closing of a $300 million three-year global syndicated loan. Sumitomo Mitsui Banking…
H&O Immigration Services launches its specialist services, including Citizenship by Investment…
NNA |
Update: March 14, 2022 4:17 p.m. STI
New Delhi , March 14 (ANI/SRV): H&O Immigration Services, a subsidiary…
The world’s most import-dependent economy – 24/7 Wall St.
Trade routes around the world have become more complex. Sanctions against Russia due to its invasion of Ukraine immediately affected the movement of oil, semiconductors and, to some extent, silver. Russian oil exports have slowed…
FICO doubles down on software and platform businesses with new management
BOZEMAN, Mont.--(BUSINESS WIRE)--Leading applied analytics firm FICO today announced the promotions of Don Peterson to vice president of global sales and customer success, Alexandre Graff to vice president of global partnerships…
Karimnagar’s daughter stands out in USA cricket
Posted: Posted Date - 2:34 PM, Mon - Mar 7, 22…
PNB fraud case: CBI seeks new sanction against Usha Ananthasubramanian | Latest India News
New Delhi: The Central Bureau of Investigation (CBI) has requested a fresh sanction of prosecution against former managing director and chief executive of Punjab National Bank (PNB) Usha Ananthasubramanian and former chief executives KV…
Are central bank digital currencies the key to unlocking financial inclusion in Africa?
Technology is changing money as we know it. Financial technology or fintech as a form of financial innovation has reshaped the financial services industry, especially in sub-Saharan Africa. More recently, the advent of central bank…
Vivian Richard’s quickfire 61 out of 36 shot in West Indies win over India
Former West Indies batsman Sir Vivian Richards stressed the importance of power hitting in cricket years before it became mainstream with the arrival of the game's shortest format, T20. At a time when batters had to play slow while…
Glasgow event builds on Scotland-Barbados trade relationship
An event aimed at showing Scottish businesses the investment opportunities in the Caribbean island of Barbados was held in Glasgow yesterday.
The gathering follows a successful mission to Barbados in November last…
Bancolombia SA (NYSE:CIB) is expected to post earnings of $0.90 per share
Brokerages expect Bancolombia SA (NYSE:CIB) to post earnings per share (EPS) of $0.90 for the current quarter, according to Zacks. Analysts at Zero have made earnings estimates for Bancolombia, with the lowest EPS estimate being $0.76…
Nigeria touts its digital currency as a success – citizens give it mixed reviews so far
As cryptocurrencies continue to grow in popularity, another type of digital currency is also gaining traction, namely central bank digital currencies. Unlike decentralized and volatile crypto, these currencies are…
European Investment Bank supports Africa’s private sector affected by COVID
Private sector investments across Africa, critical to coping with the impact of COVID and unlocking sustainable growth, will be accelerated by new financings totaling EUR 62m confirmed by EIB Global, the new specialized arm of the…
Basware Appoints Marcia Alonzo as US Country Manager | News
FORT MILL, SC--(BUSINESS WIRE)--February 15, 2022--Basware (BAS1V), the global leader in networked…
Understanding alternatives to government intervention
Last year, El Salvador made headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both inside and outside the country, heralded for its potential to bring financial services to much of El Salvador's…
Vice President Jagdeo denies corruption allegations made in Vice News interview
Vice President Bharrat Jagdeo welcomes any police investigation into his assets after the opposition demanded an investigation into allegations he received bribes to facilitate Chinese investment in Guyana.US media network Vice News raised…
Rêv Launches Multi-Currency Digital Wallet App for Itaú Private Banking Clients | national
AUSTIN, Texas and SÃO PAULO--(BUSINESS WIRE)--February 10, 2022--Today, Rêv Worldwide, Inc. (“Rêv”), a…
Digital Rupee: A New Chapter in Digital Payments
Considering India's maturity in digital payments and the stature RBI has gained in the Central Banks Committee, the implementation of the CBDC is visible.
By AP Hota
The budget announcement on the rollout of digital rupee by the Reserve…
Chinese companies are testing the water for U.S. IPOs
Several companies are vying to be the first China-based company to go public in the United States since July, writes the Financial Times.
This will test the willingness of regulators to accept registrations in the wake of the two countries'…
Are savings clubs a good alternative to traditional banking?
Informal savings clubs are a common form of savings outside the traditional banking sector. Researchers report that in addition to being a way to provide insurance or buy durable goods, they create a mechanism to provide their…
Diversifying into oil and gas – Osafo-Maafo
He said Republic Financial Holdings Limited of Trinidad and Tobago, the parent bank of Republic Bank, has been instrumental in the development of the oil and gas industry in the Caribbean.
“I urge Republic Bank to consider venturing into…
Bank of Nova Scotia (TSE:BNS) Receives Consensus “Buy” Rating From Brokers
Shares of Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been assigned an average rating of "buy" by the fourteen brokerages that currently cover the company, reports MarketBeat.com. Three analysts rated the stock with a hold rating and…
Massy goes public on the Jamaican Stock Exchange
Business
Ria Chaitram
5 hours ago
Stock Exchange. - Photo by Marvin Hamilton"/>Massy Motors dealership on Richmond Street, Port of Spain. The Massy group announced Thursday its cross!-->!-->!-->!-->!-->!-->!-->…
Top 5 Canadian Businesses to Own: 2022 Edition
Editor's note: This article is based on Morningstar's 2022 edition of Best Companies to Own, available to US investors. Find it full list of companies and discover our selection methodology.The markets have been a scary place over the past…
Amazon Air takes off in Wichita with delivery
Amazon Air recently expanded its Kansas network with a regional gateway at Wichita Eisenhower National Airport that will offer express delivery to Prime customers in the area, according to a FreightWaves report Friday, January 21.
The…
Omicron surges around the world | News, Sports, Jobs
People line up to be tested for COVID-19 in the borough of Benito Juarez in Mexico City on January 15. Mexico has largely ruled out imposing domestic restrictions, instead banking on their vaccination…
Jan. 21 – Community bank featured on national show | fwbusiness
Centier Bank, Indiana's largest private family bank, will be the featured company in an upcoming national…
The First NFT Billionaires, Daymond John’s Last Mission, and More for Small Business Owners
Introducing this week's bi-weekly edition of The Pursuit newsletter, bringing the latest small business and entrepreneur news and commentary straight to your inbox on Wednesday mornings. Click here to subscribe to the newsletter list!…
The debate on deposit insurance in the spotlight
The regulatory path ahead for FinTechs seeking to offer nationwide banking services may be a little clearer, but it hardly seems any shorter.
We can see a pivot where financial services firms take the long journey to regulatory approval -…
Durability and [or/ Greening of] Caribbean Capital Markets
By Dr. Axel Kravatzky
Warning: the opinions presented are those of the author and do not necessarily represent those of the organizations with which he is associated. Comments and reactions that move the regional dialogue forward are…
Everest Re Promotes Klinger to Lead International Reinsurance; HDI Global hires Chubb’s…
This edition of International People Moves details appointments at Everest Re, HDI Global and Aon.
A summary of these new recruits follows here.
Everest Re Promotes Klinger to Head of International Reinsurance
Everest Re Group…
Sheep, speed horses and antique tractor pulls: program of the Pa Farm Show on January 12
The 2022 Pennsylvania Farm Show continues today, featuring sheep to shawl competition, antique tractor pull-ups, speed horse demonstrations and more.For those who don't know, the Farm Show will be held at the Pennsylvania Farm Show Complex…
Arch Capital Group Ltd. to Release Fourth Quarter 2021 Results on February 9, 2022 | Business
PEMBROKE, Bermuda - (BUSINESS WIRE) - January 10, 2022--Arch Capital Group Ltd. announced that it plans to…
Republic Group once again wins first prize for corporate governance
For a second year, the République Group has been appointed Best âfinancial servicesâ corporate governance institution in the Caribbean by Ethical Boardroom.
Republic Financial Holdings…
Caye International Bank in Belize, chaired by Joel Nagel, named best offshore bank in the Caribbean…
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293Posted: Thursday January 6, 2022 4:17 PM CST.Paid collaboration: Belizean institution, Caye International Bank, received a plethora of awards this year, making it one of the best in all of Latin America. The bank, which is…
Synovus launches the virtual mobile Visa card
On Tuesday January 4, Synovus partnered with Visa on a mobile virtual commercial credit card that enables businesses to instantly generate and send virtual Visa credit cards to their employees, suppliers and contractors through a mobile…
Sagicor team donates to Secret Santa initiative – which gives gifts to underprivileged…
The Sagicor sales team, led by Agency Director, Sales, Brenton Hilaire (center), donated gifts to the Adult Education Division's Secret Santa initiative. Here, the team poses with the gifts.The Sagicor sales team recently responded to the…
Live stock market news: December 30, 2021
US stocks edged higher on Thursday after the S&P 500 and Dow each extended a rally to close at all-time highs in the previous session in the middle of a last week of 2021 with weak trading on Wall Street.The Dow, S&P and Nasdaq all…
Modyo and TODO1 / iuvity Sign Agreement to Power New Generation of Digital Financial Solutions |…
MIAMI & AMSTERDAM - (BUSINESS WIRE) - Dec. 28 2021--We are very pleased to announce today that TODO1 /…
For day three, COVID-19 blocks Americans’ vacation travel
By Humeyra Pamuk and Gabriella Borter
WASHINGTON / NEW YORK (Reuters) - US airlines canceled more than 1,300 flights on Sunday as COVID-19 reduced the number of available crews, while several cruise ships had to cancel…
Bukele responds to his Bitcoin experience
After the International Monetary Fund (IMF) and other organizations criticized…
Novavax, JD.com, Carnival: what to watch for when the stock market opens today
Futures contracts advance before the last trading session before the Christmas holidays. Here's what we watch in Thursday's action:
Shares of Novavax gained 5.6% pre-market after it said its two-dose Covid-19…
Live news from December 20: Davos meeting next month canceled amid Omicron concerns, Turkish lira…
British Prime Minister Boris Johnson has ruled out the introduction of stricter coronavirus restrictions in England for the time being, but said the government would not hesitate to introduce new measures and had not ruled anything…
Tobagonian at the forefront of fintech | Local company
For the past six months, Tobagonian Sekani Solomon, 31, has been working on the secret rebranding of…
The Caribbean Can Benefit From – A Commonwealth
(MENAFN- Caribbean News Global) Dear Sir
A Commonwealth is defined as a nation, state and / or other political units, founded on law and united by compact or tacit agreement of the people for…
Making electronic money safer in the digital age
(MENAFN- Caribbean News Global) By José Garrido and Jan Nolte
Imagine you go to pay for your morning coffee and your stored value card returns an error message, or the payment app wallet…
Plans to help African economies recover from Covid must involve the poorest communities
Last week, Foreign Minister Liz Truss announced the launch of British International Investment, an organization that works to mobilize private capital to invest in countries in Asia, Africa and the Caribbean. To "build back better" and…
Banking sector continued to strengthen in 2021, study finds – Caribbean Business
Financial Stability Index for Commercial Banks in Puerto Rico, prepared by Estudios Técnicos, Inc.
Financial Stability Index for Banks, Prepared by Estudios!-->…
Significant Growth of the Blockchain Market, Product Offering and Research Methodology | IBM,…
Blockchain market
Blockchain market to experience significant growth in North America and Asia-Pacific
# 3200, SEATTLE, WASHINGTION, USA, December 9, 2021 /EINPresswire.com/ - USA /…
MARKET REPORT: Ashtead retires in race to be 2021 FTSE best stock
Construction equipment rental company Ashtead strengthened its top-performing FTSE 100 stock position this year after a construction boom in the United States.It jumped 3.9%, or 224p, to 6442p after improving its annual forecast after a…
Fashion Week & Sustainability – Modern Diplomacy
Employment rates in some Latin American and Caribbean countries have experienced a relative recovery, although in most the rates are below pre-pandemic levels. The quality of available jobs has also declined, as has the…
The 1st National Bank hosts the 5th Annual Stanley French Conference
The 1st National Bank of Saint Lucia is hosting its 5th Stanley French Education Forum on Saturday (December 4); Today's conference theme: History and Governance is presented by Dr Velda Henry, Deputy Governor of the Eastern Caribbean…
Baystreet.ca – Roller Coaster Stock Readings Continue
Futures for the main Canadian stock index rose on Thursday, buoyed by higher crude prices as investors adjusted their positions ahead of a major producers'…
Google Play apps downloaded 300,000 times stole bank credentials
PICKS are stories from many sources, selected by our editors or recommended by our readers because they are important, surprising, disturbing, enlightening, inspiring or entertaining. They appear on our site and in our daily…
The coronavirus has killed around 2% of the world’s population
To share Tweeter To share To share E-mail A new strain of coronavirus, possibly resistant to vaccines, was discovered ahead of a short trading session on the New York Stock Exchange, which caused futures contracts on major stock indexes…
Gambia: Money Land – allAfrica.com
In our time of oligarchs and gangsters, murdered journalists and outmoded tax inspectors, Putin and Trump, how do you write a critical book about money and power in the world that doesn't seem totally futile? This is a question Oliver…
“Corresponding bank situation stable for the moment” – President of the Bankers Association
By Orville Williams
Long-standing concerns about correspondent banking, at least in Antigua and Barbuda, appear to have been somewhat assuaged, according to the new president of the Antigua and Barbuda Bankers Association.
For years,…