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Pictet joins Speed Week sponsors – video

Prestigious private bank is the latest to join the list of sponsors for the racing event. Running November 30 to December 4, Speed Week aims to reignite Nassau's passion for vintage racing cars. 

Monday, September 26, 2011
Monday, September 26, 2011

Bahamas Speed Week Revival The Nassau branch of one of the world’s top financial institutions, Pictet Bank, has become the latest sponsor of Bahamas Speed Week Revival.

Pictet Bahamas will sponsor the event’s gala banquet and Auction of Promises–the proceeds of which will go to local charities.

“We are very proud to be an integral part of Bahamas Speed Week Revival,” said Pictet Bahamas managing director Yves Lourdin. “This series promises to bring a contemporary touch to the glamour and excitement reminiscent of days gone by and its charitable component holds great appeal to us as an international leader in private wealth and institutional asset management.”

Running from November 30 to December 4, the Nassau Speed Week will include a hillclimb around Fort Charlotte, mini-races at Arawak Cay and a charity gala dinner with event patron Sir Stirling Moss. There will also be an opportunity for visitors to view the cars when they go on display in Rawson Square.

The original Nassau Speed Week ran annually from 1954 to 1966 and were legendary affairs, drawing sports enthusiasts and tourists alike. This year’s event is expected to continue that tradition, attracting high-end visitors from all over the world.

Other sponsors already signed on for the event include the Ministry of Tourism and Aviation, Carlo Milano, Bahamas Ferries and EFG Financial Services.

For more information watch the video below and visit Bahamas Speed Week Revival’s website.

The offshore jurisdiction signed a tax information exchange agreement (TIEA) with South Africa last week. The agreement brings the total number of TIEAS signed by The Bahamas to 28.

William Heuseler, chief wealth planning officer of Itaú Private Bank International, has written a whitepaper extolling the benefits of offshore fund structures for Brazilian clients. Heuseler will be speaking on the topic at the upcoming Latin Family Office Forum in Miami in November.

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