by Natalie Moodey | Jun 8, 2026 | Caribbean news
Butterfield to acquire CIBC Caribbean in US$1.8bn deal The Caribbean banking landscape is poised for one of its most significant transformations in decades following an agreement by Bermuda-based Butterfield to acquire Canadian Imperial Bank of Commerce’s (CIBC)...
by Natalie Moodey | May 14, 2026 | Caribbean news
Moody’s raises Bahamas credit rating as fiscal outlook strengthens. International credit ratings agency Moody’s has upgraded The Bahamas to Ba3 from B1, citing improved fiscal performance, stronger liquidity, and more stable financing, supported by tourism growth,...
by Natalie Moodey | May 12, 2026 | Caribbean news
After years of relying on foreign direct investment, buttressed by a robust tourism sector and prudent fiscal management, the Turks and Caicos Islands government has officially signalled a fundamental shift in fiscal policy as Premier Washington Misick announced...
by Natalie Moodey | May 10, 2026 | Caribbean news
St Vincent and the Grenadines announces fiscal adjustment programme St Vincent and the Grenadines has announced a homegrown fiscal adjustment programme following the 2026 International Monetary Fund (IMF) Article IV consultation, as the government moves to stabilise...
by Natalie Moodey | Feb 23, 2026 | Caribbean news
Guatemala’s Banking Superintendency Reports Record Q16 Billion in Suspicious Financial Transactions, Warns of GAFILAT Evaluation Guatemala’s Superintendencia de Bancos (SIB) disclosed on 12 February that approximately Q16 billion (circa US$2...
