Founded in 1996, MMG Bank Corporation, domiciled in the Republic of Panama, is a general license bank with a brokerage license and a seat on the Panamanian Stock Exchange. MMG Bank is regulated by the Superintendence of Banks of Panama and the Superintendence of the Securities Market. Through our subsidiary MMG Bank & Trust Ltd., which operates in Nassau, The Bahamas, we are authorized to conduct banking, fiduciary, custody, fund management and securities trading from that Caribbean jurisdiction. MMG Bank Corporation specializes in providing wealth management services, investment advisory, international banking, investment banking, institutional trading desk services, securities custody and brokerage, financial and estate planning, among others. Additionally, MMG Bank Corporation owns the following companies: 1) MMG Asset Management Corp., which is licensed to manage mutual funds; 2) Universal Leasing, Inc., based in Panama and dedicated to leasing equipment; 3) Ciesa Consulting, Inc., based in Panama dedicated to leasing real estate and owner of the building occupied by the bank`s offices and 4) Gonic Investment, SA, dedicated to the management and collection of local consumer account receivables and obligations. MMG Bank Corporation is a subsidiary of MMG Capital Holdings, which in turn is part of the Morgan & Morgan Group, the largest and most prominent law firm in Panama, with specialized legal teams offering comprehensive legal services to multinational companies doing business in Panama. The origins of the Morgan & Morgan Group date back to 1923 when Dr. Eduardo Morgan (1902-1988) began his legal practice in the Republic of Panama.