In this post, I’ll look at an AI-generated article about setting up an international bank in Puerto Rico and explain where it is wrong. The bottom line is that most of the informat...
In this post, I’ll consider the risks of buying an existing bank. All of these issues must be considered before buying a bank in Puerto Rico or elsewhere. The primary risk areas wh...
In this post, I will look at the proposed changes to Puerto Rico's international banking law, Act 273. I expect these changes to be approved for 2024 and to improve the island's in...
In this article, I look at the reasons several banks have been closed in Puerto Rico over the last couple of years. The regulations and requirements to operate in Puerto Rico have ...
I expect Bermuda to become the next great international banking hub starting in 2024. Here's what you need to know about starting an international bank in Bermuda in 2024.
The most popular international banking jurisdictions for 2024 (looking forward) are the Caribbean islands of Bermuda and the British Virgin Islands. This page will give you some hi...
A very rare opportunity is available in the US territory of Puerto Rico. A fully operational international bank, with FedWire, is up for sale. The cost is approximately $25 million...
A de novo bank any type of bank that is newly chartered that has not been acquired through the purchase of a bank license from a previously licensed bank. That is, a de novo bank i...
As of December 2019, there are two international banks for sale in the US territory of Puerto Rico. If you’re planning on setting up an offshore bank in 2020, you should take a har...