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J. Safra Sarasin to buy Credit Suisse units in Monaco, Gibraltar ZURICH From Reuters Swiss private banking group J. Safra Sarasin said it had agreed to acquire Credit Suisse (CSGN.S) businesses in Monaco and Gibraltar, which it called excellent strategic…
Ogier acts as Cayman Counsel in Asian deal of the Year
Indonesia’s national airline sukuk, a transaction on which Ogier acted as Cayman Islands Counsel, has won Debt & Equity-linked Deal of the Year at the IFLR Asia Awards 2016. Anthony Oakes, a partner in Ogier’s Hong Kong office, led the…
Water drives job creation and economic growth, says new UN report
An estimated three out of four jobs that make up the global workforce are either heavily or moderately dependent on water. This means that water shortages and problems of access to water and sanitation could limit economic growth and job…
Supreme Court to Review Apple-Samsung Patent Damages
By Scott Graham, From The Recorder For the first time in 130 years, the U.S. Supreme Court is going to weigh in on design patent damages. The timing couldn’t be worse for Apple Inc. The high court agreed Monday to…
Cayman Alternative Investment Summit 2016 – The Conclusion
From hedgeweek The overall sentiment within the room at CAIS 2016 was one of optimism. This is perhaps the most exciting period the alternatives fund industry has known and as assets continue to flow into the industry, there is no…
Luxury Real Estate Service
Terra Caribbean launches new luxury division to enhance luxury real estate service By Power-J IAC FM BRIDGETOWN, Barbados, Monday March 21, 2016 — Terra Caribbean, a well-established and reputable real estate leader in Barbados, is excited to announce the launch…
New AP News Director for Latin America & the Caribbean wants coverage to be more multimedia
By Teresa Mioli From The University of Texas at Austin Since starting his new job, Paul Haven, the Associated Press’ new News Director for Latin America and the Caribbean, has overseen coverage on the lifting of restrictions on travel from the…
Meridian Capital International Fund Announces Change in Shareholdings
GEORGE TOWN, Grand Cayman, Cayman Islands, March 18, 2016 /CNW/ – Meridian Capital International Fund (“Meridian”) announced today that, pursuant to a “sign and close” transaction among Meridian, YF Finance Limited (“YF Finance”) and The Sixth Energy Limited (“Sixth Energy”),…
Arthur J. Gallagher (AJG) enters agreement to acquire KIM Unit from Kane Group
From Street Insider Arthur J. Gallagher & Co. (NYSE: AJG) announced that it has reached agreement with Kane Group to acquire its insurance management operations (“KIM”). This acquisition is expected to close on or about March 31, 2016 and is…
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Building the skillsets of unemployed youth in the Caribbean
By Siobhan Pangerl and Elizabeth Boggs Davidsen From EconoMonitor More than one-quarter of the world’s 7.3 billion people are between the ages of 10 and 24, according to a recent UN Population Fund Report. That means there are more than…
