Daily Investment Tips » International Banks

Short Selling Greece Bank Shares

Constantine Njeru — Wed, 28 Apr 2010 09:38:09 +0000

If your strategy for making money from greece financial turmoil was shorting Greece bank shares, you are to late.

The latest news from Greece is, Greek regulators have announced a ban on short-selling on Greece stock market, following steep falls in bank shares.

The reason why the banks are targeted is because they are the biggest buyers on greece debt. If Greece defaults, the banks will be hit with huge losses.

Since Greece has banned any short selling on Greece stockmarket, investors should look at international banks that might be carrying Greece debt.

Anguilla Offshore Banks : Banks With Offices In Anguilla

Constantine Njeru — Fri, 23 Oct 2009 13:56:56 +0000

Anguilla offshore centre is another british overseas territory. The island has local plus international banks offering offshore bank accounts, offshore companies incorporation.

Anguilla is a pure tax haven. There are no income taxes, no corporate taxes, no sales taxes, no value added taxes, etc.

Barclays PLC Anguilla

A full range of domestic banking facilities are offered including deposit and chequing accounts in both US$ and EC$ currencies, money transfer services, merchant card services and borrowing facilities (both personal and corporate), to name a few.

Caribbean Commercial Bank Anguilla

A wholly locally owned private corporation established in 1976. Offers personal, corporate and offshore banking.

Hansa Bank & Trust Company Limited Anguilla

The Group includes The Hansa Bank and Trust Company Limited, an international merchant bank supervised under British banking regulations, and other corporations such as Span Corp Limited specifically focused on international commerce.

National Bank of Anguilla

The National Bank of Anguilla was incorporated in Anguilla on 20th December 1984. It also has interest in a Visa licensed credit card issuing and processing company, and is affiliated with American Express.

Scotia Bank Of Anguilla Ltd.

Offers an extensive range of commercial and retail banking services in U.S. and Eastern Caribbean dollars.

Signs of Offshore Investment Scums

Constantine Njeru — Thu, 01 Oct 2009 11:18:48 +0000

One great quality of offshore investment frausters / con artist is that they are great sales people.

Although a good number of offshore investment schemes are secure especially when you deal with legitimate international banks and investment funds a good number are duds out to fleece investors

Signs of Offshore investment scums

Look at this classic warning signals in a dud offshore investment advertisement

1.Secrecy,

2. Promises of unrealistic investment returns returns of 30% – 40%

3. Special tax advantages,

4. Lure of grand properties in foreign locales.

Offshore Banks Licensed in British Virgin Islands

Constantine Njeru — Wed, 26 Aug 2009 12:24:49 +0000

British virgin island is a major offshore centre. Banks in the island offer offshore bank accounts. The government provides offshore company registration services.

Some of the the banks licensed by the government and operating an office in the British virgin islands are.

ATU General Trust (British Virgin Island) Limited

(“ATU”) is a fully licensed Trust company established in the British Virgin Islands

The Bank of East Asia (British Virgin Island) Limited

Provides international offshore banking services.

Banco Popular British Virgin Island

Offers offshore personal and commercial banking services.

Bank of Nova Scotia British Virgin Island

Offers international banking services.

Citco Bank (British Virgin Isalnd) Ltd

Financial service providers, comprised of international banks, trust and fund companies.

FirstBank British Virgin Island

Personal and Corporate banking services.

First Caribbean International Bank

Offers banking and wealth management services.

Rathbone Bank Ltd

Rathbone Trust International specialises in the provision of trustee, corporate, family office and other fiduciary services

VP Bank (British Virgin Island) Limited

VP Bank (BVI) Limited offers comprehensive, premium-quality Private Banking and asset management services.

Offshore Banks Operating in Isle of Man

Constantine Njeru — Sun, 23 Aug 2009 12:33:13 +0000

International banks have branches in the Isle of Man offering offshore bank accounts to international clients. The banks are licensed and regulated by the Isle of man government.

Some of the International banks operating in Isle of man offshore centre

Bank of Scotland International Isle of Man

Offshore current accounts with online access, offshore savings, offshore investments, offshore mortgages and financial planning.

Barclays Private Bank & Trust (Isle of man) Ltd

Provides a comprehensive range of banking, investment, fiduciary and advisory services to wealthy indiduals & their families.

Close Wealth Management Group Isle of man

Provides a comprehensive range of private banking services.

Coutts (Isle of Man) Ltd

Offshore private banking, arm of the Royal Bank of Scotland Group.

Duncan & Lawrie (Isle of man) Ltd

Provides Banking, Investment and Corporate Services..

Fairbairn Private Bank Isle of man

Provides services to private individuals and professional intermediaries.

Irish Nationwide (Isle of man) Limited

Provides offshore and private banking services.

Standard Bank Offshore Isle of man

Offers a wide range of wealth management services. Offshore bank accounts, offshore company and trust.

Zurich Bank International Limited Isle of man

Offers a full ranger of offshore banking service

Offshore Banks Operating in Cook Island

Constantine Njeru — Sat, 22 Aug 2009 09:44:54 +0000

There are 3 domestic banks licensed in the Cook Islands and 5 international banks.

Cook Islands Domestic Offshore Banks

* ANZ Banking Group Limited

* Bank of the Cook Islands Limited

* Westpac Banking Corporation

International Banks in the Cook Islands

* ANZ Banking Group

* Banktec (Cook Islands) Limited

* Capital Security Bank Ltd

* Pacific Trade Bank Ltd

* WSBC Bank

Offshore Banks Operating in Cayman Islands

Constantine Njeru — Thu, 20 Aug 2009 07:32:46 +0000

The following is a list of Offshore banks operating in the Cayman Island offshore centre. The banks offers offshore banking and asset management services.

Aall Trust & Banking Corporation Limited (Cayman)

Offers a full range of banking, asset management, trust and corporate services.

Bank of Bermuda (Cayman) Limited

Corporate and private banking services.

Bank of Butterfield International (Cayman) Limited

Full-service bank offering retail and commercial banking services to private and corporate clients.

Bank of Nova Scotia Trust Company (Cayman) Ltd

Provides offshore trust and company formation and administration services.

Caledonian Bank &Trust Limited

Caledonian Bank is a full financial services provider offering banking, trust, insurance management.

Cayman National Bank

Provides offshore financial services. As well as a full range of retail and commercial banking and trust services.

CIBC Trust Company (Cayman)

Provides individuals and corporations with a wide range of offshore financial services.

International Banks with Branches in Cayman Islands

Merrill Lynch Bank & Trust (Cayman)

Provision of non-resident Cayman companies for our international generational planning services clients.

NCB (Cayman)

NCB (Cayman) Limited is a wholly owned subsidiary of the National Commercial Bank Jamaica Limited.

Royal Bank of Canada (Cayman)

A full service international private bank offering a variety of services tailored for high net worth, sophisticated investors.

Isle of Man Offshore Bank Accounts & Centre

Constantine Njeru — Sat, 15 Aug 2009 07:52:43 +0000

Isle of man offshore centres offers offshore bank accounts. Today there are more than 50 banks operating on the Isle of Man.

Major international banks operating in Isle of Man

These banks include Barclays, IMerrill Lynch, Lloyd’s and HSBC, to name just a few.

Advantage & Benefit of Isle of Man offshore

Strict privacy – The island is well known for the high degree of privacy given to bank customers, provided there is no criminal activity involved.

Isle of Man Taxes

The island does not levy any capital gains tax, wealth tax, stamp duty, death duty or inheritance tax.

Bank fees & bank charges on the Isle of Man

The bank charges a depositor pays depends on the type of bank account the more feature you need the more you pay.

Isle of man offshore Trust formation

Investors can incorporate everything from trust establishment and operation to managing the underlying companies or assets of the trust

Gibraltar Offshore Banking : Gibraltar Offshore Centre

Constantine Njeru — Wed, 12 Aug 2009 11:00:54 +0000

Gibraltar offshore is British overseas territory located on the southern end of Europe. This offshore centre is a member if EU, with a stable central government.

A number of British and international banks have operations based in Gibraltar.

Gibraltar Low tax status: a Haven for shoppers

Gibraltar is not just a low tax staus for business and high net worth individual it is also a popular shopping destination, and all goods and services are VAT free. Many of the large British high street chains have branches or franchises in Gibraltar.Goods that are expensive elsewhere will be cheap in Gibraltar.

The end of Gibraltar offshore centre

In 2006 the government stopped issuing exempt certificates for new companies, Now, recently, many bookmakers and online gaming operators have relocated to Gibraltar to benefit from operating in a regulated jurisdiction with a favourable corporate tax regime. However, this corporate tax regime for non-resident controlled companies is due to be phased out by 2010.

The rock will remain a low tax jurisdiction and entreprenuers seeking low cost places to set up service business such as investment management will find it attractive.