Angus Young

Angus Young

THE OPPOSITION United National Congress has focused attention at its Monday Night Forums to linking the growth of the financial services firm, NCB Global Finance, in to the fact that its chief executive, Angus Young, is the brother of Stuart Young, the Minister of National Security and Minister in the Office of the Prime Minister.

These allegation have been denied by the minister, but the investment banker has stayed quiet...until now, when he answered a series of questions sent to him by Express Business: Q Without breaching client confidentiality, can you please outline how much business NCBGF has received from majority or wholly state-owned companies and institutions like the NIB and Tringen since you took over as CEO?

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This week, we at Bourse take a look at the financial performance of two major players in the Non-Banking Finance sector: Sagicor Financial Corporation Limited (SFC) and Guardian Holdings Limited (GHL), for the six-month period ended June 30th, 2019. 

LAST week saw 1,346,042 shares traded on first tier market, a decrease of 14.24 per cent on the previous week’s total of 1,569,519 shares crossing the floor. The value of the shares traded was up by 15.62 per cent to $14,347,690.73 from the previous week’s value of $12,409,110.29.

Thanks but no thanks. Wheel and come again. This is the message president of the Public Services Association Watson Duke has sent to UNC political leader Kamla Persad Bissessar, who on Tuesday called for unity with the trade union movement, ahead of next year’s general election.

THE Chief Executive Officer of the Heritage Petroleum Company Mike Wylie has taken leave of absence from the job on medical grounds. This was confirmed by chairman of Trinidad Petroleum Holdings Company (TPH) Wilfred Espinet, who said the CEO was on sick leave.