Small Business Makeover: Machinery parts exporter gears up for changes
In the 1970s, Veronica Le-Bert’s father and brothers started a business exporting parts for the massive mining machinery that excavates copper, gold, lithium and other minerals in South America and the Caribbean. For 13 years, Le-Bert International chugged along as a family-run company, becoming a well known name in the industry. Then George Le-Bert decided […]
Miami’s international banking clients move money to protect financial privacy
Under new IRS disclosure regulations, details about U.S. bank accounts held by foreign nonresident depositors could be shared with their home governments. As a result, bankers say hundreds of millions of dollars have left Florida since April. Miami’s position as a hemispheric banking capital could be weakened as some foreign depositors close their accounts in […]