Search results for : Fiduciaries
Smith: Too many banks for size of economy
May 02, 2016
Smith: Too many banks for size of economy
Former Governor of The Central Bank of The Bahamas (CBOB) James Smith said The Bahamas is "overbanked". Smith also insisted that the nature of the banking system encourages "oligopolistic" behavior.
April 11, 2016
Remarks by Prime Minister Christie at the IDB-IIC Annual Meeting Inaugural Session
On behalf of the Government and people of the Commonwealth of The Bahamas, I welcome you all to the 57th Inter-American Development Bank (IDB) and 31st Inter- American Investment Corporation (IIC) Annual Meetings.
Christie: IDB must support Caribbean on de-risking
April 11, 2016
Christie: IDB must support Caribbean on de-risking
Prime Minister Perry Christie told the inaugural session of the Inter-American Development Bank (IDB) and Inter-American Investment Corporation (IIC) 2016 annual general meetings - held at the Baha Mar Convention Centre on Saturday - that the bank has a responsibility to support vulnerable countries, and particularly the smaller Caribbean economies in the face of de-risking and in relation to the ...
March 30, 2016
'Significant doubt' of BOB status as 'a going concern'
As the Bank of The Bahamas (BOB) annual general meeting (AGM) crests the horizon and observers begin to focus on the "transformation plan" touted by the new managing director, Bahamas Chamber of Commerce and Employers Confederation (BCCEC) Chairman Gowon Bowe has pointed out factors that cast "significant doubt" on the bank's ability to continue as a going concern, and warned of what amounts to a ...
March 22, 2016
LOUIS BACON: 'Why my noxious neighbour Nygard is to blame for this scandal'
Louis Bacon rejects accusations that Save The Bays is plotting to unseat the government, welcomes a ban on foreign electoral campaign funding and is shocked by Peter Nygard's disrespect of the Prime Minister and a senior minister's use of unauthorised access to private financial information.
Email release 'threatens finance industry'
March 22, 2016
Email release 'threatens finance industry'
BILLIONAIRE hedge fund manager Louis Bacon has called the release of private emails and sensitive banking information of Save The Bays (STB) an unlawful abuse of power that threatens the entire financial services industry.
BIA cries foul: Bill erases intermediaries
March 16, 2016
BIA cries foul: Bill erases intermediaries
The Bahamas Insurance Association (BIA) yesterday continued to release its serial responses to the draft National Health Insurance (NHI) bill.
March 09, 2016
Negotiation 101: How to win allies and influence taxi drivers
Today we introduce a new short-run series called Rules For The Road, contributed by Gravette Brown, a Bahamian who is a principal investment officer at the World Bank Group's IFC (International Finance Corporation) working in emerging market principal investing.
March 01, 2016
Government student loan recipients urged to repay loans
Minister of Education, Science and Technology the Hon. Jerome Fitzgerald on February 29 appealed to recipients of the Government?s Education Loan Program (ELP) to repay their loans or face court action.
Higgs: Bridge toll hike absolutely necessary
March 01, 2016
Higgs: Bridge toll hike absolutely necessary
Bridge Authority Chairman Rory Higgs asserted that the increase in the tolls to cross the Sidney Poitier Bridge are "absolutely necessary" and said yesterday that postponement of the implementation of those tolls is a matter of ensuring that the new tolls are properly gazetted before being implemented.
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