Invest Offshore

Category: Offshore Banks

  • Offshore Havens ‘Declare War’ on Honest Taxpayers

    —

    by

    Aaron
    in

    By Paul Lashmar The US Senate has accused the Isle of Man, the Cayman Islands and other offshore havens of facilitating tax evasion that costs other countries billions of pounds every year. The accusations are made in a report by Carl Levin, chairman of the Senate Permanent Subcommittee on Investigations. He said: “I believe the…

  • Advent International Acquires Largest Bank in Uruguay

    —

    by

    Aaron
    in

    Buyout specialist Advent International has completed its $167 million acquisition of Nuevo Banco Comercial SA, the largest commercial bank in Uruguay. The deal was first announced in September and recently won approval from Uruguay’s central bank, the key financial services regulator in that country. Advent had originally predicted that the deal would close in December.…

  • Barclays Free Seminars

    —

    by

    Aaron
    in

    Barclays has developed a brand-new seminar to help small business owners boost their profit. (PRWEB via PR Web Direct) May 19, 2005 — Barclays has developed a brand-new seminar to help small business owners boost their profit. The bank will be running a programme of free seminars: Let’s Talk Bright Marketing and Let’s Talk More…

  • Gibraltar flies the flag for its own stock market

    —

    by

    Aaron
    in

    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?

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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

    —

    by

    Aaron
    in

    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?

    —

    by

    Aaron
    in

    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…