Offshore Merchant Accounts News

Hooked on tales of piratesTuesday, December 16, 2008 @ 8:01AMThe Somali pirates have a spokesman. He has been giving interviews by satellite phone from the bridge of the Ukrainian arms vessel they captured in September.

Virgil Y. Chan to Lead GAMCOs Asia OperationsWednesday, November 19, 2008 @ 1:30PM RYE, N.Y.----GAMCO Investors, Inc. announced the appointment of Virgil Chan to open their Hong Kong office and coordinate our merchant banking and research.

Oilfab eyes RM1b deals by 2010Monday, November 17, 2008 @ 6:07PMOILFAB Sdn Bhd, a subsidiary of Oilcorp Bhd, says it targets to win projects worth RM1 billion by 2010, with more big jobs coming its way.

Friedman, Billings, Ramsey Group Reports Third Quarter Financial ResultsThursday, October 23, 2008 @ 1:03PM Friedman, Billings, Ramsey Group, Inc. today reported a net after-tax loss of $169.0 million for the quarter ended September 30, 2008, or $1.12 per share , compared to net after-tax loss of $210.6 million, or $1.25 per share , for the third quarter of 2007.

Baillie Gifford, beacon of the Scottish financial sector, has seen its funds plunge back to 2005 levels in the market ...Monday, October 20, 2008 @ 11:15PMThe UK economy will decline by 1% next year, but if the US and UK banking rescues fail to work "we could be in for a depression". SME Focus: When government moves to stabilise the banking system were followed by yet more stock market gyrations this week, the supposed “Cool Hand Lukes” of the City looked ever more like headless chickens who were petrified by the risks they are paid a fortune to ...