Deltec Bank & Trust Ltd. is “One to Watch”
Jul 8, 2020
- Deltec Bank & Trust is a key player within the financial services community in The Bahamas, where financial services revenues account for over 17% of GDP.
- The Bahamas has recently taken strides to promote its financial services industry on a global stage, with the European Union reaffirming the nation’s compliance with its strict criteria in early 2020. Today, there are approximately 700 funds licensed in the Bahamas, with assets under management totaling over $200 billion.
- Deltec Bank has witnessed a dramatic increase in growth, with assets under management growing nearly 12-fold between 2003 and 2019. In 2016, Deltec purchased the Bahamas-based private banking operations of French megabank Société Generale.
- In addition to traditional financial services, Deltec Bank has focused itself on partaking in the ongoing fintech revolution – hosting annual conferences for its clients showcasing emerging companies across a wide variety of industries, publishing research into the newest trends within finance and introducing its customers to unique investment opportunities within both public equity and private markets.
- Deltec Bank was recently named the ‘Best Private Bank in the Caribbean 2020’ by Global Banking and Finance Review, an award which it also won in 2015.
Deltec Bank & Trust is a leading financial hub for global investors, financiers and entrepreneurs. The private and corporate bank offers its clients a unique suite of bespoke financial solutions, institutional expertise and highly attentive service with an aim toward creating a network of opportunities to enhance client wealth. Deltec Bank & Trust Ltd. is the flagship company of the Deltec International Group, a diversified independent financial services group providing a range of financial services including fund administration, corporate advisory, merchant banking, global insurance and digital asset solutions.
Founded in 1959, Deltec draws upon the collective experience of more than 150 professionals. These specialists come from a wide array of backgrounds, including private bankers and investment advisors, trust officers, lawyers and certified public accountants, many of whom have previously worked at some of the world’s largest and…
NOTE TO INVESTORS: The latest news and updates relating to Deltec are available in the company’s newsroom at http://nnw.fm/Deltec
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.
More News
The $611 million bill to upgrade Perth schools – and where it’s being spent
Over the 2025-26 financial year, more than $611 million was spent through the public school infrastructure asset investment program. Here’s where the biggest investments have been made.
How fight over valuable Sydney land will shape a future train line
Confidential government documents reveal tensions between senior bureaucrats over how far an extended rail line for double-decker passenger trains should go.
ABC Bluey it: Hit Aussie show makes millions … for BBC
The Australian cartoon show helped the BBC bag a 17 per cent earnings increase after the British broadcaster bought out the rights under the noses of the ABC.
The RBA will hike rates again but inflation is testing the bank’s most valuable asset
Our independent Reserve Bank is in a protracted battle against high inflation. But the RBA faces another reputational threat: credibility.
White House says it's not preparing to ban diesel exports
The White House on Wednesday denied a report that it is planning a 90-day ban on diesel exports as Americans struggle with high gas prices. The report, from Politico, cites five people familiar with the discussions and says that the legal process for the export ban was still being worked out. In an unsigned statement to...
California and Washington to join forces on carbon markets, aiming to cut pollution and raise billions
Linking California and Washington's carbon markets will cut more pollution and increase revenue for key state programs, officials said.
'Mayday! Mayday! Mayday!' Military training jet plunges into ocean off California coast
According to FlightRadar24, the aircraft, which went by call sign SNAKE4, was conducting exercises off the coast of Monterey County and San Luis Obispo County.
Schumer, Senate Democrats push for stricter rules on AI chip sales ahead of Xi visit
Top Senate Democrats are pushing for Congress to pass a trio of bills cracking down on AI chip sales to China as President Trump prepares to meet with Chinese President Xi Jinping. Senate Majority Leader Chuck Schumer (D-N.Y.) and Sens. Elizabeth Warren (D-Mass.), Andy Kim (D-N.J.) and Elissa Slotkin (D-Mich.) argued Wednesday that the U.S....
Texas authorities weigh potential manslaughter case in Camp Mystic deaths
Search warrant affidavits sought to obtain the electronic communications of the owners, saying they may provide evidence of manslaughter, negligent homicide and child abandonment.
Watch live: Hawley turns spotlight on Flock, AI-powered cameras
A Senate Judiciary Committee panel will put Flock Safety’s sprawling network of AI-powered license plate cameras under the microscope Wednesday amid concerns over privacy and potential misuse. Sen. Josh Hawley (R-Mo.), who chairs the Subcommittee on Crime and Counterterrorism, recently opened an investigation into Flock and how data collected by its more than 120,000 cameras...
Xiaomi 18 Pro series launches in China with dual 200MP Leica cameras and a Privacy Display
The new flagship also packs a Snapdragon 8 Elite Gen 6 processor, up to 8,500mAh battery, and an improved secondary rear display.
Chicago mayor seeks to block data center expansion: ‘We are not for sale’
Chicago Mayor Brandon Johnson proposed a data center expansion moratorium ordinance, saying that the city is “open for business” but “not for sale.” The ordinance acts as a 12-month temporary pause to give city officials time to develop long-term policies concerning energy and pollution risks for Chicagoans. It will be referred to a Chicago City...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.