Posts Tagged 

Banking & Finance

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,.
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

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.
News

Nunes: Buyers in the market "actively pursuing" Gov't Series F bonds

A top investment banker in Barbados expects the government bonds to grow in popularity with now that they are being traded on the local stock exchange, but at present, it's the Series F bonds which are most in demand.
News

Jamaican insurer and Bajan entrepreneur buy 40% of Carilend

Carilend Caribbean Holdings Ltd. has announced that Victoria Mutual Investments Ltd. of Jamaica and Barbadian entrepreneur Kailash Pardasani have acquired separate stakes in the business.

We're on Instagram

View Profile