Royal Bank Of Trinidad And Tobago
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Royal Bank Of Trinidad And Tobago
The Royal Bank of Trinidad and Tobago (RBTT) was a commercial bank based in Trinidad and Tobago and one of the largest commercial banking corporations in the Caribbean region. As of 2008 RBTT Holdings had a group asset base of over US$6.2 billion dollars. The RBTT group of companies operated several commercial banking businesses in other neighbouring islands, as well as various investment holdings in various parts of the Trinidad and Tobago economy. On 26 March 2008, RBTT Shareholders voted 98.18 percent in favour of selling the bank to the Royal Bank of Canada (RBC), who previously had divested the bank in 1987. On 16 June 2008, RBC completed the acquisition. RBTT Financial Holdings Limited and RBC Holdings (Trinidad & Tobago) Limited, a subsidiary of RBC, will amalgamate and continue as a wholly owned indirect subsidiary of RBC. The head office of the Caribbean operations for RBC will be located at Port of Spain, the capital of Trinidad and Tobago, and the site of RBTT's headq ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Bequia
Bequia ( or ) is the second-largest island in the Grenadines at . It is part of the country of Saint Vincent and the Grenadines and is approximately from the nation's capital, Kingstown, on the main island, Saint Vincent. Bequia means "island of the clouds" in the ancient Arawak. The island's name was also 'Becouya' as part of the Grenadines. Bequia has a history of whaling which was introduced by the Yankee whalers in the 19th century. Its people are only allowed to catch up to four humpback whales per year using traditional hunting methods. The limit is rarely met, with no catch some years. Geography Bequia is a small island, measuring with a population of approximately 5,300. The native population are primarily a mixture of people of African, Scottish and Kalinago descent. A substantial number of white Barbadians also settled the Mount Pleasant area of Bequia in the 1860s. Many of their descendants still inhabit the area. Other highly populated areas include the island ca ...
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Jamaica
Jamaica (; ) is an island country situated in the Caribbean Sea. Spanning in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). Jamaica lies about south of Cuba, and west of Hispaniola (the island containing the countries of Haiti and the Dominican Republic); the British Overseas Territory of the Cayman Islands lies some to the north-west. Originally inhabited by the indigenous Taíno peoples, the island came under Spanish rule following the arrival of Christopher Columbus in 1494. Many of the indigenous people either were killed or died of diseases, after which the Spanish brought large numbers of African slaves to Jamaica as labourers. The island remained a possession of Spain until 1655, when England (later Great Britain) conquered it, renaming it ''Jamaica''. Under British colonial rule Jamaica became a leading sugar exporter, with a plantation economy dependent on the African slaves and later their des ...
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Union Bank Of Jamaica
Union Bank of Jamaica in Jamaica was the result of a merger in 2000 of the business of four FINSAC controlled commercial banks and their three allied merchant banks, all seven of which sought Government intervention when faced with insolvency. The seven banks are: * Citizens Bank * Island Victoria Bank * Eagle Commercial Bank * Citizens Merchant Bank * Workers Savings & Loan Bank * Corporate Merchant Bank and * Island Life Merchant Bank. History Citizens Bank had started in 1967 as Jamaica Citizens Bank, the first Jamaican-owned bank. The US bank, Citizens and Southern had taken a 49% stake, and local interests owned 51%. At some point Citizens & Southern was forced to sell its shares to local interests. Eagle Commercial Bank had been established in 1968, and Island Victoria Bank in 1993. In 2001, Royal Bank of Trinidad and Tobago The Royal Bank of Trinidad and Tobago (RBTT) was a commercial bank based in Trinidad and Tobago and one of the largest commercial banking corporat ...
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Chase Manhattan Bank
JPMorgan Chase Bank, N.A., doing business as Chase Bank or often as Chase, is an American national bank headquartered in New York City, that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. The bank merged with Bank One Corporation in 2004 and in 2008 acquired the deposits and most assets of Washington Mutual. Chase offers more than 5,100 branches and 17,000 ATMs nationwide. JPMorgan Chase & Co. has 250,355 employees (as of 2016) and operates in more than 100 countries. JPMorgan Chase & Co. had assets of $3.31 trillion in 2022, which makes it the largest bank in the United States as well as the bank with the most branches in the United States and the only bank with a presence in ...
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Aruba
Aruba ( , , ), officially the Country of Aruba ( nl, Land Aruba; pap, Pais Aruba) is a constituent country of the Kingdom of the Netherlands physically located in the mid-south of the Caribbean Sea, about north of the Venezuela peninsula of Paraguaná and northwest of Curaçao. It measures long from its northwestern to its southeastern end and across at its widest point. Together with Bonaire and Curaçao, Aruba forms a group referred to as the ABC islands. Collectively, these and the other three Dutch substantial islands in the Caribbean are often called the Dutch Caribbean, of which Aruba has about one-third of the population. In 1986, it became a constituent country within the Kingdom of the Netherlands, and acquired the formal name the Country of Aruba. Aruba is one of the four countries that form the Kingdom of the Netherlands, along with the Netherlands, Curaçao, and Sint Maarten; the citizens of these countries are all Dutch nationals. Aruba has no administrat ...
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Grenada
Grenada ( ; Grenadian Creole French: ) is an island country in the West Indies in the Caribbean Sea at the southern end of the Grenadines island chain. Grenada consists of the island of Grenada itself, two smaller islands, Carriacou and Petite Martinique, and several small islands which lie to the north of the main island and are a part of the Grenadines. It is located northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. Its size is , and it had an estimated population of 112,523 in July 2020. Its capital is St. George's. Grenada is also known as the "Island of Spice" due to its production of nutmeg and mace crops. Before the arrival of Europeans in the Americas, Grenada was inhabited by the indigenous peoples from South America. Christopher Columbus sighted Grenada in 1498 during his third voyage to the Americas. Following several unsuccessful attempts by Europeans to colonise the island due to resistance from res ...
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Nevis
Nevis is a small island in the Caribbean Sea that forms part of the inner arc of the Leeward Islands chain of the West Indies. Nevis and the neighbouring island of Saint Kitts constitute one country: the Federation of Saint Kitts and Nevis. Nevis is located near the northern end of the Lesser Antilles archipelago, about east-southeast of Puerto Rico and west of Antigua. Its area is and the capital is Charlestown. Saint Kitts and Nevis are separated by a shallow channel known as "The Narrows". Nevis is roughly conical in shape, with a volcano known as Nevis Peak at its centre. The island is fringed on its western and northern coastlines by sandy beaches composed of a mixture of white coral sand with brown and black sand eroded and washed down from the volcanic rocks that make up the island. The gently-sloping coastal plain ( wide) has natural freshwater springs as well as non-potable volcanic hot springs, especially along the western coast. The island was named ''O ...
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Curaçao
Curaçao ( ; ; pap, Kòrsou, ), officially the Country of Curaçao ( nl, Land Curaçao; pap, Pais Kòrsou), is a Lesser Antilles island country in the southern Caribbean Sea and the Dutch Caribbean region, about north of the Venezuela coast. It is a constituent country of the Kingdom of the Netherlands. Together with Aruba and Bonaire, it forms the ABC islands. Collectively, Curaçao, Aruba, and other Dutch islands in the Caribbean are often called the Dutch Caribbean. Curaçao was formerly part of the Curaçao and Dependencies colony from 1815 to 1954 and later the Netherlands Antilles from 1954 to 2010, as Island Territory of Curaçao ( nl, Eilandgebied Curaçao, links=no, pap, Teritorio Insular di Kòrsou, links=no), and is now formally called the Country of Curaçao. It includes the main island of Curaçao and the much smaller, uninhabited island of Klein Curaçao ("Little Curaçao"). Curaçao has a population of 158,665 (January 2019 est.), with an area of ; its ...
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Eastern Caribbean Central Bank
The Eastern Caribbean Central Bank (ECCB) is the central bank for the Eastern Caribbean Dollar, Eastern Caribbean dollar and is the monetary authority for the members of the Organisation of Eastern Caribbean States (OECS), with the exception of the British Virgin Islands, Guadeloupe and Martinique. Two of its core mandates are to maintain price and financial sector stability, by acting as a stabilizer and safe-guard of the banking system in the Eastern Caribbean Economic and Currency Union (OECS/ECCU.) It was founded in October 1983 with the goal of maintaining the stability and integrity of the subregion's currency and banking system in order to facilitate the balanced growth and development of its member states. The bank is headquartered in Basseterre, St. Kitts, and is currently overseen by Mr. Timothy Antoine, the Bank Governor. Prior to assuming his post in February 2016, the bank was overseen by the late K. Dwight Venner, Sir K. Dwight Venner. In early 2015, the bank ann ...
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Sint Maarten
Sint Maarten () is a constituent country of the Kingdom of the Netherlands in the Caribbean. With a population of 41,486 as of January 2019 on an area of , it encompasses the southern 44% of the divided island of Saint Martin, while the northern 56% of the island constitutes the French overseas collectivity of Saint Martin. Sint Maarten's capital is Philipsburg. Collectively, Sint Maarten and the other Dutch islands in the Caribbean are often called the Dutch Caribbean. Before 10 October 2010, Sint Maarten was known as the Island Territory of Sint Maarten ( nl, Eilandgebied Sint Maarten), and was one of six island territories () that constituted the Netherlands Antilles. Sint Maarten has the status of an overseas country and territory (OCT) and is not part of the European Union. On 6 and 7 September 2017, the island was hit by Category 5 Hurricane Irma, which caused widespread and significant damage to buildings and infrastructure. Etymology The island was named by C ...
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