Investor anxiety greets BNS restructuring plan - Minority stockholders face dilution of shares
Scotiabank Jamaica executives acknowledged Tuesday that minority stockholders of the bank could see their shares diluted under its restructuring plan but insisted that it was a good deal overall, amid investor concerns about what the new dividend policy w
FIS seeking markets for 29 properties - Valued at $840 million
Financial Institutions Services Limited (FIS) is hunting buyers for 29 properties it has left to sell from among confiscated assets mainly linked to Blaise and Century National, two of the more spectacular failures in the financial sector meltdown....
FirstCaribbean grows mortgage portfolio, claims new market
FirstCaribbean International Building Society (FCIBS) has vaulted its rival Scotia Jamaica Building Society to claim the third spot in the mortgage market by snatching business from the two top players and clinching joint venture deals...
Will Rodgers departs Air Jamaica... Bill Clarke leaves BNS in seven years
of service, which straddled both private and government ownership of the loss-making carrier.
Tourism spend up 27 per cent in December quarter
Jamaica's tourism sector maintained its strong performance into December, the month that kicks off its most lucrative season, winter, with preliminary data suggesting visitor arrivals that topped 300,000 in the final month of 2006.
|