<![CDATA[Caribbean Press Releases - recent news & press releases - Articles - Banking/ Finance]]> http://www.caribbeanpressreleases.com en-us N/A [email protected] Sat, 27 Dec 2014 00:21:52 CST 20 <![CDATA[Turks & Caicos Islands Financial Services Commission to be Reviewed]]> http://www.caribbeanpressreleases.com/articles/10498/1/Turks-amp-Caicos-Islands-Financial-Services-Commission-to-be-Reviewed/Page1.html [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10498/1/Turks-amp-Caicos-Islands-Financial-Services-Commission-to-be-Reviewed/Page1.html <![CDATA[Scotiabank to Cut 1,500 Jobs & Close Some International Branches]]> http://www.caribbeanpressreleases.com/articles/10470/1/Scotiabank-to-Cut-1500-Jobs-amp-Close-Some-International-Branches/Page1.html Nov. 4, 2014 - In International Banking, the charges are primarily for closing or downsizing approximately 120 branches, which will allow us to focus on high-growth markets, minimize branch overlap, and realize synergies resulting from recent acquisitions. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10470/1/Scotiabank-to-Cut-1500-Jobs-amp-Close-Some-International-Branches/Page1.html <![CDATA[ECCB reports improved fiscal and debt positions in ECCU]]> http://www.caribbeanpressreleases.com/articles/10462/1/ECCB-reports-improved-fiscal-and-debt-positions-in-ECCU/Page1.html Basseterre, St. Kitts - Nov. 4, 2014 - The fiscal and debt positions of the governments of the Eastern Caribbean Currency Union (ECCU) is estimated to have improved for the year to September 2014 with declines in the primary and overall deficits of EC$71.8million and EC$17.8 million.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10462/1/ECCB-reports-improved-fiscal-and-debt-positions-in-ECCU/Page1.html <![CDATA[Moody's downgrades The Bahamas]]> http://www.caribbeanpressreleases.com/articles/10426/1/Moodys-downgrades-The-Bahamas/Page1.html Sept. 3, 2014 - Moody's Investors Service has downgraded The Bahamas' issuer and senior unsecured ratings to Baa2 from Baa1 and changed the outlook to stable from negative. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10426/1/Moodys-downgrades-The-Bahamas/Page1.html <![CDATA[ECCB and Commercial Banks in the ECCU to Launch New Payment Transfer System]]> http://www.caribbeanpressreleases.com/articles/10418/1/ECCB-and-Commercial-Banks-in-the-ECCU-to-Launch-New-Payment-Transfer-System/Page1.html Aug. 28, 2014 - The commercial banks in the countries of the Eastern Caribbean Currency Union (ECCU) will soon have a more secure, faster and more efficient payment transfer system that will allow financial institutions to exchange cheques electronically.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10418/1/ECCB-and-Commercial-Banks-in-the-ECCU-to-Launch-New-Payment-Transfer-System/Page1.html <![CDATA[BVI; Gov’t plans to diversify financial services]]> http://www.caribbeanpressreleases.com/articles/10416/1/BVI-Govt-plans-to-diversify-financial-services/Page1.html Aug. 28, 2014 - Officials recently signed a $1.15 million contract with the New York-based McKinsey and Company aimed at planning for the diversification of the VI’s financial services industry. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10416/1/BVI-Govt-plans-to-diversify-financial-services/Page1.html <![CDATA[Trinidad: Central Bank pumps US$30m into system]]> http://www.caribbeanpressreleases.com/articles/10404/1/Trinidad-Central-Bank-pumps-US30m-into-system/Page1.html June 13, 2014 - The United States dollar exchange rate dropped almost ten TT cents yesterday, one day after the Central Bank and the Bankers’ Association (BATT) met to determine how best to manage the tightness in the domestic foreign exchange market. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10404/1/Trinidad-Central-Bank-pumps-US30m-into-system/Page1.html <![CDATA[Montserrat Gets Increase in Funding Under EDF11]]> http://www.caribbeanpressreleases.com/articles/10298/1/Montserrat-Gets-Increase-in-Funding-Under-EDF11/Page1.html [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10298/1/Montserrat-Gets-Increase-in-Funding-Under-EDF11/Page1.html <![CDATA[Dominica Receives 2.4 million Euros in budget support from the EDF]]> http://www.caribbeanpressreleases.com/articles/10296/1/Dominica-Receives-24-million-Euros-in-budget-support-from-the-EDF/Page1.html [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10296/1/Dominica-Receives-24-million-Euros-in-budget-support-from-the-EDF/Page1.html <![CDATA[Cayman and the US Sign FATCA Agreement]]> http://www.caribbeanpressreleases.com/articles/10260/1/Cayman-and-the-US-Sign-FATCA-Agreement/Page1.html George Town, Grand Cayman – Dec. 3, 2013 - Building on more than a decade of cooperation in tax matters, the Cayman Islands and the US Nov. 29, 2013 signed an agreement that paves the way for automatic exchange of tax information under US FATCA. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10260/1/Cayman-and-the-US-Sign-FATCA-Agreement/Page1.html