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Sterling Global Financial Launches Sterling Bank & Trust

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Nassau, Bahamas – May 26, 2016 – Bahamas-based Sterling Global Financial, an integrated banking and financial services provider with more than US$9 billion in assets under administration and operations in The Bahamas and Cayman Islands, today announced the launch of Sterling Bank & Trust.

News of the latest bank to bolster the Bahamas financial services portfolio was made at a press conference in Nassau by Sterling Global Financial Chairman David Kosoy and welcomed by two prominent members of The Bahamas Cabinet, Minister for Investments Khaalis Rolle and Minister for Financial Services Hope Strachan.

“As the world of financial services continues to evolve, Sterling Global continues to strategically grow our range of services from providing trust and investment vehicles, something the original company did more than 40 years ago, to today adding full private banking capability to meet the needs of a highly sophisticated client base,” said Mr. Kosoy.

Sterling’s clients number over 1,500. They invest through one or more of its several funds, including the award-winning New Providence Income Fund (NPIF). In 2015, NPIF reported an overall return of 13.8% and earned the highest secure fund ranking on the Sharpe Index two years running. Earlier this year NPIF was honoured as Best Fixed Income Mortgage Backed Fund (Since Inception) by AI Barclay Hedge Fund awards.

“The new world of financial services is a far more transparent space than it once was,” Mr. Kosoy said. “High net worth individuals or trusted institutional investors are no longer seeking the secrecy they once did. The rules have changed. They want to know their investment is secure and the companies acting on their behalf are doing so with efficiency, attention to detail, understand the market and are quick to respond. In other words, today’s success story is all about service – speed, savvy, security.”

Sterling Financial Global capitalizes carefully selected real estate projects with debt and equity lending. NPIF funding has supported development of more than $300 million in high-end residential and resort projects in The Bahamas, including luxury villas on Paradise Island, resorts in Abaco and Eleuthera and renovations of a multi-storey hotel opposite Nassau Harbour at Bay and Nassau Streets in downtown Nassau. It is also funding THIRTY/SIX, the first new luxury condo project on Paradise Island in a decade. With ground set to be broken soon, THIRTY/SIX is more than 50% sold.

Earlier this month, Sterling Global Financial unveiled its new website, http://www.sterlinggloballtd.com/, featuring a corporate section focused on information and news about the company’s services as well as background on the firm’s well-appointed board of directors, including Mr. Kosoy, President and COO Stephen Tiller, former president of BMO Nesbitt Burns Real Estate Inc. in Canada; and, Mike Harris, the former Premier of Ontario.

The site features a client portal where investors can manage banking, documents and fiduciary services securely online from any device.

“The new banking capability, like the new website, reflects the high ethical standards and client-centric services inherent to Sterling Global,” Kosoy said. “We constantly strive to create a comfort level for our investors, marrying the best of convenience with the highest level of security. As the world of financial services looks to the future, there will be more client-facing portals that enable presentation of information and financial strategies, including any potential risk, in a clear and relatable way online. Sterling is proud to be at the forefront of this type of information sharing and practical application for our clients who can now manage their financial affairs with greater ease. It’s this kind of service that has helped us grow to a full-fledged banking and financial services provider with a staff of nearly 40 professionals.”

Sterling Bank & Trust, immediately available for current clients of the boutique property-based investment firm, will operate out of the firm’s East Bay Street location across from Nassau Harbor.

 

CAPTION:

Sterling Global Financial, an integrated banking and financial services provider with more than US$9 billion in assets under administration and operations in The Bahamas and Cayman Islands launches Sterling Bank & Trust, the latest bank to bolster the Bahamas financial services portfolio. Pictured l-r: David Kosoy, Chairman Sterling Global Financial; Hon. Hope Strachan, Minister of Financial Services; Hon. Khaalis Rolle, Minister of Investments & Steve Tiller President & COO Sterling Global Financial. (Photo by Cay Focus Photography)

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Royal Bahamas Police Force – ARRAIGNMENT NOTICE

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The Bahamas, August 27, 2026 – The Royal Bahamas Police Force wishes to inform members of the public that several individuals are scheduled to appear before the Magistrate’s Court on Thursday, 27th August 2026, at 12:00 noon.

The individuals and charges are as follows:

An 18-year-old female is scheduled to be arraigned on the following charges:

Three (3) counts of Murder
Three (3) counts of Attempted Murder
Three (3) counts of Possession of a Firearm with Intent to Endanger Life
Three (3) counts of Possession of an Unlicensed Firearm
Two (2) counts of Possession of Ammunition
Armed Robbery
Abetment to Armed Robbery
Stealing
Receiving

The charges stem from three separate shooting incidents and an armed robbery that occurred on Friday, 21st August 2026, and Saturday, 22nd August 2026.

The first shooting occurred in the area of Soldier Road and Baillou Hill Road, resulting in the death of a 51-year-old male.

The second shooting occurred in the area of Joe Farrington Road, resulting in the death of a 52-year-old male.

The third shooting occurred in the area of Gladstone Road, resulting in the death of a 36-year-old male.

The armed robbery occurred at a business establishment in the area of Carmichael Road and Baillou Hill Road.

A 21-year-old male is scheduled to be arraigned on one charge of:

  • Murder

The charge stems from a shooting incident that occurred on Tuesday, 21st July 2026, in the area of Samson Street, Nassau Village, which resulted in the death of a 28-year-old male.

A 32-year-old male is scheduled to be arraigned on the following charges:

  • Murder
  • Attempted Murder

These charges stem from a shooting incident that occurred on Wednesday, 24th December 2025, in the area of Graham Drive, Yellow Elder, which resulted in the death of a 25-year-old male.

 

RBPF, PACD

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Bahama Brass Band Invitation Sparks Heritage Debate Ahead of TCI Constitutional Holiday

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Turks and Caicos, August 20, 2026 – The planned participation of the Bahama Brass Band in the Turks and Caicos Islands’ inaugural Constitutional Holiday celebrations on August 30 has sparked public debate over culture, heritage and the historical contributions of Turks and Caicos Islanders abroad.

Organizers defended the invitation, saying the band’s inclusion is intended to highlight the deep historical ties between the two countries and honor Turks and Caicos men who helped establish and develop the institution in Grand Bahama.

According to the organizers, the Bahama Brass Band began in 1955 in Pine Ridge, Freeport, with Turks and Caicos Islanders, including the late Deacon Reuben Hall Sr. of Middle Caicos and Jenkins Williams and Mervin Hendfield of North Caicos, among those who helped build its foundation. The band eventually grew to more than 50 men.

The organizers also pointed to the participation of Turks and Caicos men in The Bahamas’ Independence celebrations on July 10, 1973, arguing that their contributions became part of Bahamian history while maintaining strong connections to their homeland.

Supporters say bringing the band home represents an opportunity to honor those pioneers, showcase their regional influence and expose younger generations to an important part of Turks and Caicos history.

However, concerns raised publicly described the invitation as potentially disrespectful to local culture and heritage. Organizers acknowledged those concerns, apologizing to anyone who felt overlooked or offended, while maintaining that no disrespect was intended.

The committee said the event should ultimately unite rather than divide, presenting the band’s history as evidence of the reach and resilience of Turks and Caicos heritage.

PHOTO CREDIT: Bahamas Brass Band

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CBC Supports Opportunities for Young Bahamian Basketball Players

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Dasani products, proudly sponsored the fifth annual, Caribbean Hoopfest.

The tournament brings together Bahamian high school basketball teams and visiting teams from the United States for a competitive showcase at the Kendal G. L. Isaacs Gymnasium.  Following its inaugural year at the Kendal G. L. Isaacs gym and last year’s event at Loyola Hall, the tournament returned to the Kendal G. L. Isaacs gym this year.

During the weekend tournament, CBC kept athletes well hydrated with in-kind donations of Dasani Water, Powerade and Minute Maid Juices.

During the tournament’s final day, CBC provided additional support by offering Sprite No Sugar samples and inviting attendees to participate in its Spin the Wheel for a chance to win exciting prizes.

CBC was proud to support this incredible event, which provides young Bahamian athletes with valuable exposure to U.S. basketball scouts and coaches. This opportunity gives them the chance to earn scholarships, continue their education, and pursue their basketball careers in the United States.

Event organizer, Donald Francois shared his appreciation for CBC’s support.

“I want to express our sincere appreciation for Caribbean Bottling Company, who has been a tremendous supporter and an important part of the success of our program. Without CBC’s support, Caribbean Hoop Fest would not be able to function at the level it does today. And without Caribbean Hoop Fest, we would not have been able to provide the opportunities that have helped young Bahamian athletes gain exposure and pursue educational opportunities in the United States,” he expressed.

Since the program’s inception, several Bahamian student-athletes have been selected for scholarship opportunities, highlighting the tournament’s growing impact on the development and advancement of young basketball talent in The Bahamas.

They are: Kelvin McDowells – Guard, Wodson Antoine – Power Forward, Justin Lafleur – Guard and Sean John – Guard.

After another successful edition of the tournament, Francois shared what he hopes he and Caribbean Bottling Company can achieve in the future.

“Our vision is bigger than basketball. We want to use the platform of Caribbean Hoop Fest to educate, develop, and create opportunities for young people and their families throughout the Bahamas. With individuals and organizations committed to our mission, we believe we can continue to grow the program and make an even greater impact,” Francois said.

For more details on community support, events and new products visit Caribbean Bottling Company at www.cbcbahamas.com today.

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