Excalibur
10-03-07, - 04:02 PM
By VERNON CLEMENT JONES,
Senior Business Reporter
10/03/07
First, the good news: RBC's $2.2-billion acquisition of Trinidad-based RBTT Financial will more than double its presence in the region and enhance its offerings to customers. Now, the not-so-good news: The resulting giant will be headquartered in Port of Spain and not Nassau, RBC's current corporate home in the region. That shift will likely cost this jurisdiction, and the professionals now working here.
http://www.thenassauguardian.com/bixex/295810923136586.php
Another interesting piece from this story;
While the biggest share of FirstCaribbean's [FirstCaribbean Bank] business is in this country it is based in Barbados.
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Amazing!
Bye RBC headquaters, and why FirstCaribbean never chose the Bahamas for headquaters when it is its largest market?
Senior Business Reporter
10/03/07
First, the good news: RBC's $2.2-billion acquisition of Trinidad-based RBTT Financial will more than double its presence in the region and enhance its offerings to customers. Now, the not-so-good news: The resulting giant will be headquartered in Port of Spain and not Nassau, RBC's current corporate home in the region. That shift will likely cost this jurisdiction, and the professionals now working here.
http://www.thenassauguardian.com/bixex/295810923136586.php
Another interesting piece from this story;
While the biggest share of FirstCaribbean's [FirstCaribbean Bank] business is in this country it is based in Barbados.
-----
Amazing!
Bye RBC headquaters, and why FirstCaribbean never chose the Bahamas for headquaters when it is its largest market?