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Ashcroft's BCB breached rules of Stock Exchange
Mr Ashcroft joined Belize Bank, a BCB Holdings subsidiary, in 2002 and, after a period at head office in Belize, transferred to the TCI to become the managing director of British Caribbean Bank Ltd, Lord Ashcroft's bank there. He stepped down as a ...
Enforcement of LCIA award refused as contrary to public policy
It was settled by a March 2005 settlement deed which contained, among other things, a tax regime that would apply to members of a group of companies including BCB Holdings Limited and the Belize Bank Limited. The tax regime was at variance with the ...
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Lord Ashcroft's bank rocked by downturn
BCB Holdings, whose shares are languishing near all-time lows on the London Stock Exchange's alternative investment market, said that its Belize-based banking operations lost $2.4m in October, November and December, compared with a $1.3m loss in the ...
Lord Ashcroft tells Parliament he no longer heads Belize bank
A spokesman for Lord Ashcroft denied that the decision to stand down as chief executive of BCB Holdings Ltd, which has banking and �other interests� in Belize, was connected to the new requirement on MPs and peers to be domiciled and resident for tax ...
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Somers posts profit and becomes debt-free
�This profit along with capital received from the exercise of warrants by Utilico Investments Ltd in October 2014 resulted in a 0.7 per cent increase in total shareholders' equity.
Gars gunning for Brazilian bonds
Roger Sadewsky, an investment director in SLI's multi-asset team, said the team was looking at opportunities in other emerging markets to add to the new Brazilian position and holdings it already has in Mexico. Mr Sadewsky said Gars had opened the ...
Supreme Court declines to enforce arbitration award
AARON HUMES Reporting: The former administration of Prime Minister Said Musa should have gone to the House of Representatives for approval of a settlement agreement and loan note guaranteeing BZ$39 million in funds to the Belize Bank Limited on ...
Ex-Charterhouse Partner Said to Build Team for Solo Fund
May 8 (Bloomberg) -- Jeremy Greenhalgh, a former partner at London-based Charterhouse Capital Partners LLP, is assembling a team for his own private-equity firm, according to three people with knowledge of his plans.
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Mushfiqur Rahim blasts proposed two-tier Test system
"The draft proposal had a lot of components, one of which was Bangladesh not playing Test cricket from 2015," BCB's spokesperson Jalal Yunus said. "All 23 were opposed to going down to the second tier. The BCB are against Bangladesh playing in the ...
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Somers Ltd profit triples as BCB posts strong results
Earlier this month, Somers agreed to invest a further �2.4 million in Ascot Lloyd Holdings Ltd. The investment from Somers was used to fund Ascot Lloyd's acquisition of assets from IFG plc.
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