Invest Offshore

Category: Offshore Banks

  • Gibraltar flies the flag for its own stock market

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    Aaron
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    Gibraltar, the sunny British territory famed for its imposing Rock and Barbary Apes, is in talks to create its own stock exchange.The exchange, which would be called GibEx, was dreamt up by local law firm Hassans and Austrian-based bank Medici. They are outlining plans to the authorities and the business community to create a trading…

  • Certificates of Deposit, What are Certificates of Deposit or CD’s?

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    Aaron
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    ST. VINCENT & THE GRENADINES, April 16, 2006 – Much has been written lately about the subject of Certificates of Deposit. A certificate of deposit is a very powerful investment tool but, some are kept away because it all seems a bit to good to be true. What are Certificates of Deposit? In simplified terms…

  • Maximising returns with offshore investments

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    Aaron
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    The liberalisation of foreign exchange and de-pegging of the ringgit for offshore investments has widened investment options for local investors with an appetite for overseas investments, said Alan Inn, head of investment and product development of CIMB Private Banking. “Having offshore investment is an effective way to diversify and enhance your portfolio’s return because investors…

  • China’s biggest bank sells stake

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    Aaron
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    China’s biggest lender, Industrial and Commercial Bank of China (ICBC), is selling a 10% stake to Goldman Sachs, Allianz and American Express. The deal, said to be worth more than $3bn (£1.7bn), is just the latest example of Western financial houses investing in Chinese banks. Bank of America and Royal Bank of Scotland are two…

  • Red China’s Wrong Moves

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    Aaron
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    COLORADO SPRINGS, COLO. – While serving on the executive board of the Asian Development Bank under the first President George Bush, I consistently called for China to “bite the bullet” and privatize its state-owned companies as soon as possible. Representatives from European and other Asian countries would just shake their heads and mutter about impatient…

  • Is Macquarie the world’s best-performed investment bank?

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    Aaron
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    The remarkable aspect of the Macquarie model for investment banking is not the amount of wealth it generates for its executives, although that is remarkable, but how its development has turned the bank into probably the world’s best-performed and fastest-growing investment bank. The catalyst for transforming Macquarie from an Australian investment bank with limited offshore…

  • Mexico’s Bancomer Launches Bank For Wealthy Clients

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    Aaron
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    MEXICO CITY – Mexican bank leader Grupo Financiero BBVA-Bancomer SA said it has launched a private bank Wednesday to provide comprehensive services for wealthy clients. [box type=”note”]Private Bank Bancomer said its clients account for 40% of Mexico’s market for high net-worth individuals.[/box] “People don’t have to think about offshore institutions to get answers to their…

  • Offshore accounts: No longer an easy option

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    Aaron
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    I’ve spent a lot of time in Switzerland over the years, including two semesters of college. But not much in recent times, when most of my travel and living has been in less developed countries. I did, however, log a few days in Zurich before Christmas to renew some old acquaintances. Some readers may remember…

  • UBS seeks to invest more in China

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    Aaron
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    UBS has sufficient demand from clients to warrant further increases in the amount it is investing in China’s domestic stock and bond markets, Leon Brittan, vice-chairman of UBS Investment Bank, said yesterday. Such additional investment by the Swiss-based bank was mainly being held back by regulatory issues. “There is no shortage of demand [from clients],”…