November 30, 2020

Clarien Bank receives $12.6m cash injection

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By Jonathan Kent, Business Editor From Royal Gazette Clarien Bank is to receive a cash injection of $12.6 million from its sole shareholder Edmund Gibbons Ltd and a Canadian private-equity firm. The investment will enable Clarien to exceed the tougher capital regulatory requirements of the Basel III standard being adopted by Bermuda and will help […]