Miami Banks Fear Loss of Int'l Clients

| No TrackBacks

The sparkling glass towers rising above the Atlantic along Brickell Avenue have long been the place where Latin America's wealthy parked their money during political crises and invested it when times were good. International banking leaders say that post-September 11 security regulations have scared off some clients with clean money who, despite their proximity and attraction to the U.S., are increasingly making deposits in Panama or even Luxembourg. And they say the cost of following the regulations is too great for many smaller banks.

Continue reading "Miami Banks Fear Loss of Int'l Clients"

No TrackBacks

TrackBack URL: http://www.offshorenet.com/cgi-bin/on-mt/mt-tb.cgi/445

Newsletter

Invest Offshore 

Social Networks

Invest Offshore on FacebookOffshoreNet on Twitter
Invest Offshore on YouTubeSilicon Palms on MySpace

Archives

Invest Offshore

About this Entry

This page contains a single entry by Aaron A Day published on August 2, 2006 7:45 PM.

Offshore Abuses a Problem Says IRS Chief was the previous entry in this blog.

The Rolling Stones get tax breaks is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Creative Commons License
This blog is licensed under a Creative Commons License.