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CIBC:‘No plans’ for further terminations

CIBC’s top Caribbean executive yesterday said the bank had “no plans” for any further major outsourcing of jobs from the Bahamas, emphasising it was targeting the retail and private wealth management segments for growth.

Kosoy, Sterling eye Hurricane Hole deal

David Kosoy’s Sterling Global Financial is in negotiations to acquire Paradise Island’s Hurricane Hole property from Atlantis’s owner, Tribune Business can reveal.

S&P: Baha Mar to prevent any outlook upgrade

Standard & Poor’s (S&P) says the delayed Baha Mar opening has eliminated any chance that it will raise its ‘negative’ outlook on the Bahamas, as it prepares to “revise downwards” growth estimates for this nation.

Sir Jack tells QC: Put money where mouth is

A key Grand Bahama Port Authority (GBPA) shareholder yesterday urged an outspoken QC to ‘put his money where his mouth is’ and find a buyer for the quasi-governmental entity.

Gov’t ‘accelerates’ WTO member push

The Government’s reconstituted trade negotiating bodies face a “huge task”, its chief negotiator acknowledged yesterday, adding that his appointment showed it wanted to “accelerate” the Bahamas’ accession to full World Trade Organisation (WTO) membership.

Bahamas faces more financial consolidation

Bahamas faces more financial consolidation By NEIL HARTNELL Tribune Business Editor With 40 per cent of Swiss private banks eyeing foreign acquisition targets, a leading accountant yesterday predicted further consolidation in the Bahamian financial serv

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes

GB Power: Consumers to pay $25m storm cost

Grand Bahama Power Company’s (GBPC) plan to recover its $25 million in Hurricane Matthew restoration costs from consumers was last night blasted as “highly irregular and unfair” by one of the island’s MPs.