Commentary & Analysis

Enter Jaimie and the Colombians

On Friday, Nov. 8, the thunderclap was heard: Canadian Imperial Bank of Commerce would sell two-thirds of its Barbados-based CIBC FirstCaribbean International Bank to a company run by Colombian billionaire Jaime Gilinski for US$797 million,.
Features

From our archives: For Alexandre Gabriel, rum is an uplifting experience

In an exclusive interview with The Broad Street Journal back in mid-2017, Alexandre Gabriel - a master blender who has put the Maison Ferrand brand of Cognac on the map over the past two decades, and who recently introduced Plantation Rum, said he was very optimistic about the future of the company.
Commentary & Analysis

Scotiabank seeks to re-invent itself in Barbados

Brendan King, Scotiabank’s senior vice president for international banking, was in Barbados recently to personally deliver the bank’s ongoing commitment to Barbados.
News

Colombian group to buy 67% stake in CIBC FirstCaribbean

Canadian Imperial Bank of Commerce is reducing its exposure to a company that has lost US$1.6 billion in value since 2006, according to a recent report by Bloomberg news.
Company News

Fortress: 2019 has been good so far

Leading fund manager, Fortress Fund Managers, says that 2019 has been a good year for investors so far, with its equity investments holding steady and bonds showing some gains at the end of its third quarter.
Company News

55 firms get funding from Caribbean Export

The Caribbean Export Development Agency, in cooperation with the European Union, has awarded over Bds $3.5M (‚ā¨1.5M) under their 2nd Call for Proposals for the Direct Assistance Grant Scheme.
News

King advises Barbados to follow the Jamaica“template"

Despite the pain it felt on having its Barbados government portfolio revised downwards, Scotiabank has encouraged the government to ‚Äústay the course.‚ÄĚ
News

Scotiabank renews its commitment to the region

Brendan King, Scotiabank’s senior vice president for international banking, was in Barbados recently to personally deliver the bank’s ongoing commitment to Barbados.