Deltec Bank and Trust acquires Ansbacher (Bahamas) Limited

NASSAU, BAHAMAS — Deltec Bank and Trust Limited (Deltec) has executed a share purchase agreement (SPA) for the purchase of Ansbacher (Bahamas) Limited, the oldest private bank in The Bahamas.  The completion of the acquisition is subject to regulatory approvals, which are expected in the coming weeks.  Andrew C Alexiou, managing director, Ansbacher, said: “AF […]