Monthly Archives: August 2008

How To Choose A New Residential Development In A Foreign Country

You’re considering an investment property or a second house in a Central American residential development—in Costa Rica, Panama, Nicaragua or elsewhere. The shiny brochure is impressive, the website looked great, the pictures blew you away, the marketing representative of the development says all the right things and you’re dead set on getting that beachfront lot…

Blooming portfolio

Instead of being defeated by the political upheavals in Lebanon, the nation’s leading financial institution has acquired valuable banking lessons from repeated domestic crises as it embarks on a second wave of growth beyond its home borders. Blom Bank is parlaying its historic reputation for low-risk, innovative trade finance into full-service operations in some of…

Captain’s knock

Editor’s note This is an archived article. For the cover story concerning Sir Allen Stanford please click here. Sir Allen’s new and innovative cricketing enterprise is merely the latest innings in a business empire that spans financial services to upmarket real estate development, hospitality and professional sports. We talked to the Sir Allen about his…

The rising sun

Japan’s big banks, unburdened by heavy subprime losses, and stuck with sputtering growth at home, are once again investing and lending abroad, but investors should not expect a string of blockbuster buyouts. Only a few years removed from a bad-loan crisis that pushed many lenders to the brink of collapse and sparked widespread industry consolidation,…