Many global analysts including those at the Paris-based Organization for Economic Co-operation and Development, OECD, opine that low levels of financial literacy contribute globally to various melt-downs in the financial sector.
Jamaica's Finance Minister Audley Shaw says the financial fallout triggered by the collapse of several Unregulated Financial Organizations or UFOs, provided compelling reasons for increased education on financial literacy and warns of the possibility of more UFOs.
Maureen Hayden-Cater, a former Citi-banker with over two decades of experience in the financial sector, is the new President of First Global Bank succeeding Wayne Wray who separated from the bank last year.
What's causing bank spreads to be so high. Is this justifiable? We sought to get some answers from Dennis Cohen, the Deputy Managing Director of NCB Group - the island's largest commercial banking group and a bank whose officials exhibit high levels of transparency.
Our Young Investors Stock Market Competition has ended for 2011 and the highlight of the year was of course, Dexter Smith's dominant display. Smith won each of the four quarters impressively with [ ... ]
Pan
Caribbean believes that even with the changed interest rate regime; the
impact of the Jamaica debt exchange; and the buffeting Jamaica has
taken from global recessionary trends, there [ ... ]
A confident Dexter Smith has taken a break, maintaining a cash-only portfolio worth over JA $1.2 million and a virtually unassailable lead in the final quarter of the Young Investors' Stock Market Co [ ... ]