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BCB Holdings reports US$4.8m net loss
BCB Holdings Limited (BCBHL), the parent company of the Belize Bank - the largest, full-service commercial and retail banking operation, today reported a net loss from operations of US$4.8 million for the nine months ended December 31, 2013 ...
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 ...
Rochester: the most important place you've never heard of
EUR/CHF 1-month 25-delta risk reversals dip down below 150 bps, showing interesting opportunities in topside OTM calls.� - According to the Taiwan Stock Exchange, General Interface Solution (GIS) Holding Limited (GIS, stock code: 6456) has applied for ...
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 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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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 ...
BCB Holdings to sell Caye Chapel
StockMarketWire.com - BCB Holdings has agreed to sell Caye Chapel, a resort island in Belize, for $30.0m to Yumi Limited, a British Virgin Islands company funded by private equity. The terms of the transaction provide for an initial non-refundable ...
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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 ...
Update on BCB demerger
BCB shareholders consequently hold shares in two distinct entities with the same composition of ownership. BCB Holdings Limited was previously comprised of Belize Bank, BCB International and British Caribbean Bank and stakes in Associates. The new ...
Over the waterfall in a very safe barrel
Three different organisations in recent weeks have published papers on ways to strengthen the allocation of assets to cover losses at a central counter party (CCP), should a member default.