Scotia Group Jamaica Limited (SGJ) SGJ has advised of the following appointments; Mrs. Naadia White, Vice President, Compliance Scotia Group Jamaica Caribbean Central, effective November 1, 2017. Ms. Marcia Gaudet, Director Human Resources, Caribbean North and Central, effective January 1, 2018.
Sagicor Group Jamaica Limited (SJ) has advised that on November 21, 2017 a Senior Officer sold 15,794 SJ shares and a connected party purchased 500,000 SJ shares.
Lasco Financial Services Limited (LASF) has advised that a connected party sold a total of 20,022 LASF shares on November 20, 2017.
Lasco Distributors Limited (LASD) has advised that a Director sold a total of 2,042,774 LASD shares on November 20, 2017.
Jamaica Producers Group Limited (JP) has advised that at a Board of Directors’ meeting scheduled for December 1, 2017 an interim dividend payment will be considered.
E.U.: ECB urges Europe-wide trading platform for bad bank loans The European Central Bank called on Monday for the creation of a private sector platform to trade in soured bank debt, hoping to kickstart a dysfunctional market weighing on the bank sector. Euro zone banks are sitting on around 800 billion euros worth of non-performing
Asia: Chinese bankers, property developers downbeat on 2018 credit conditions Most Chinese bankers and property developers at a recent closed-door meeting expect growth in credit to real estate firms will taper off next year, said two sources who attended the gathering, amid a government clampdown on inflated home prices. Funding channels for developers have shrunk
Blue Power Group Limited (BPOW) for the six months ended October 31, 2017 booked a 12% increase in revenue to total $761.19 million compared to $667.67 million for the same period in 2016. Sales from the Lumber division climbed to $544.35 million, 16% higher than $468.68 million, while sales in the Soap division increased by
E.U.: ECB split over keeping bond buys open-ended: minutes European Central Bank policymakers broadly agreed last month on extending their asset purchase scheme but a decision to keep the bond buys open-ended appeared to generate fiercer debate, minutes of the meeting released on Thursday showed. Having to reconcile rapid economic growth with anemic inflation, the
Lasco Distributors Limited (LASD) has advised that a director sold a total of 290,870 LASD shares during the period November 13 to 16, 2017.
