Search results for : private banking
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Even having all but lost its private international banking business, The Bahamas has not seen the nadir of financial services sector losses, and the jurisdiction needs to find another services-related niche to fill. That was the verdict, delivered with his characteristic bluntness, by former Prime Minister Hubert Ingraham. Added to that, he said the proliferation of as-yet unregulated web shop gam...
Gowon Bowe, the PricewaterhouseCoopers (PwC) Bahamas accountant and partner, said The Bahamas cannot continue to thrive on private banking going forward, despite the argument that The Bahamas' financial services industry - an anchorage for many private banks - continues to be the country's second largest pillar of revenue injection.