Hybrid robo-advisors will manage 10% of all investable assets by 2025
By MyPrivateBanking From Business Insider After the strong growth of the robo-advisory approach in recent years, promoted by numerous start-ups worldwide as well as sizeable number of early adopting wealth managers, a new ‘sub-species’ has emerged: the hybrid robo/personal contact…
ICE, Caribbean Corridor Strike Force partners seize $60 million worth of cocaine, marijuana
SAN JUAN, Puerto Rico – During a period of one week, U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI), working jointly with the Caribbean Corridor Strike Force (CCSF), seized $60 million worth of drugs and arrested nine individuals…
US: Miami Gardens resident pleads guilty to participating in sophisticated International cellphone fraud ccheme
From US department of Justice A Miami Gardens, Florida, resident pleaded guilty today to multiple criminal charges in connection with a sophisticated global cell phone fraud scheme that involved compromising cellphone customers’ accounts and “cloning” their phones to make fraudulent…
A Chinese billionaire splurged on this superyacht
By Yacht Harbour Fron Business Insider Pelorus, the 115-meter superyacht built in 2003 by Lurssen, has reportedly been sold to Chinese billionaire, Samuel Tak Lee according to several sources in the industry. Built for the Saudi owner of 72m Coral…
Singer Chris Brown released from jail after posting $250,000 bail
From Caribbean News Service LOS ANGELES, Aug 31 2016 – Singer Chris Brown has been released from jail on $250,000 bail following his arrest Tuesday on a charge of assault with a deadly weapon, according to booking records. Los Angeles…
Guyana poised for exit of CFAT, FATF monitoring
From GIS Guyana Guyana is set to be removed from the list of countries to be monitored by the Caribbean Financial Action Task Force (CFATF) and the Financial Action Task Force (FATF). According to Minister of Legal Affairs and Attorney…
3D Printed Coral Reefs
Fabien Cousteau Helps to Bring 3D Printed Coral Reefs to the Caribbean By Clare Scott From 3D PRINT.COM Even if you’re not particularly interested in marine biology, you’ve likely at least heard of Jacques Cousteau. The French oceanographer, explorer and…
Canada issues travel advisory on nine Caribbean countries
From Caribbean News Service TORONTO, Canada, August 30 2016 – The Canadian government has updated its travel advisory for nine Caribbean Community (CARICOM) nations, among a list of countries across the world because of the Zika virus. The government has…
Cayman Islands registered firms top 100,000 mark
The number of active companies on the Cayman Islands company register has exceeded 100,000 for the first time, and there are now more than 19,000 active partnerships in the territory, reports Tax News. At the end of the second quarter,…
History is repeating itself and America may not survive
By Richard Lawless From Caribbean News Now In 2006 a financial crisis of unprecedented magnitude hit America. Wall Street, with at least complicit support from our legislators, the DOJ and regulatory agencies began to create new financial instruments to sell…
