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Thursday, May 9, 2024

Banking

Why I like GraceKennedy (GK)

Apart from GraceKennedy (GK) being one of the largest conglomerates in Jamaica and the wider Caribbean, it’s a company I dream of creating if I was supposed to build my own company. I wouldn’t make any changes because it’s...

HSBC: A Global Banking Giant

HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, England. It is the largest bank in Europe by assets and one of the world's largest banks by market capitalization. HSBC operates in...

Berkshire Hathaway Buys $900 Million Stake in Capital One

Warren Buffett's Berkshire Hathaway Inc. has disclosed a new stake in Capital One Financial Corp., the latest in a series of investments by the billionaire investor in the financial sector. Berkshire's 13F filing with the Securities and Exchange Commission shows...

GraceKennedy acquires Scotia Insurance Caribbean Limited

GraceKennedy completes the acquisition of Scotia Insurance Caribbean Limited which is a pivotal step for GraceKennedy’s strategic initiative both in its finance compartment and further broadening its presence in the Caribbean financial sector. The new company will be branded...

New details from Barita Investments reorganization have emerge

Barita Investments' reorganization is going to be a major turning point for the company. A major announcement that has come out is that the company will be delisted from the stock market and will likely reappear under a new...

UBS bailed out Credit Suisse from the jaws of death

UBS, Switzerland’s largest bank has agreed to buy rival Credit Suisse in a deal that could save the bank but for how long? Earlier this month we have seen major banks teetering on the edge of collapse, banks such...

Silicon Valley Bank collapse brings back fresh memories of last financial crisis

They say that history doesn’t usually repeat itself but it rhymes, well in this case that might be true. Today we got a glimpse of what is to come if the FED doesn’t intervene and help mitigate the situation....

Grace Kennedy partners with Trinidad and Tobago Unit Trust Corporation to launch GK Mutual Funds

Over the last couple of years, we have seen GraceKennedy steadily pivoting into new directions. As the world around them starts to change, they are now finding new ways to adapt, expand and provide value to both existing and...

Jamaica’s financial reform was long overdue

It took a victim of financial crime at the status of Usain Bolt to finally shake things up within the financial market. All eyes are on the current Minister of Finance Dr. Nigel Clarke as it is obvious this...

Artificial Intelligence for finance, a revolution that’s already upon us

From automating financial processes to improving risk management, AI has the potential to significantly improve efficiency and accuracy in the financial sector. One of the most promising applications of AI in finance is in the area of financial forecasting. By...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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