Category: Offshore Banks

  • HMRC Profile of Offshore Investors

    Discussions with the 16 banks highlighted that the typical offshore investor is of either High Net Worth (HNW) or Ultra-High Net Worth (UHNW). The definition of these terms varied amongst banks in relation to the manner in which they segmented their customer base. Despite some variation in the boundary between HNW and UHNW there was…

  • The First U.S. Bank

    WASHINGTON, Jan. 7, 2017 /PRNewswire/ — Following is the daily “Profile America” called the First U.S. Bank from the U.S. Census Bureau: First U.S. Bank Profile America — Saturday, January 7th. During the Revolutionary War, the rebelling colonies and the Continental Congress were anything but too big to fail. To the contrary, finances were very…

  • Money 2020 and the new Cyber Regulations

    One of the big topics at Money 2020 will be the new cyber regulations announced by the Fed and FDIC. They believe hacking could lead to a national financial crash. Christopher Pierson, EVP, General Counsel & Chief Security Officer, of FinTech company Viewpost has analyzed the proposal and says this “really places a chair at…

  • Skipton International is investing for the future

    Skipton International is to implement a new banking service and replace its core banking system for offshore savings customers. [box type=”tick” size=”large” style=”rounded” border=”full”]The new secure online portal, planned to launch in late 2017, will allow customers around the world to access their savings accounts 24 hours a day. This will be in addition to…

  • The evolution of online banking

    Ally Bank CEO and President Diane Morais on how She is Revolutionizing the Industry discusses the branchless model, the evolution of online banking and how she plans to keep up with change [box]Named #12 “Most Powerful Women in Banking” by American Banker[/box] [box type=”info”]Interviews Available Monday, October 10th with Diane Morais, CEO and President, Ally…

  • Exploration of the Offshore Investment Market

    This report presents findings from qualitative research designed to gain further insight into the offshore investment market. Document Exploration of the Offshore Investment Market PDF, 635KB, 48 pages Detail This research was commissioned by HMRC to provide further insight into the operation of the offshore investment market. The specific aims were to: collect views and…

  • Market leading offshore savings accounts

    Skipton International launch new market leading offshore savings accounts Skipton International (Skipton) has today launched new Individual and corporate savings accounts with some of the most competitive rates of interest in the market. The International Saver 200 offers 1.30% gross AER (Annual Interest Rate) on balances between £10,000 to £5 million. Annual interest will be…