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CIBC FirstCaribbean welcomes a new CEO

CIBC FirstCaribbean International Bank has a new CEO. Monday, September 12 was the first official day on the job for the company’s new leader, Douglas “Rik” Parkhill. Mr. Parkhill took over the running of the region’s pre-eminent financial services institution…

iBusiness News

Robert Hunter to give Keynote Address

Mourant Ozannes is delighted to announce London-based Robert Hunter as keynote speaker at the inaugural Mourant Ozannes’ International Trusts Conference.  Robert is head of international law firm Herbert Smith’s trust litigation practice and co-head of its civil fraud, asset tracing,…

iBusiness News

“Aviramp” – helping disabled people board aircraft with dignity

A company called Aviramp Ltd was formed to help the aviation branch of Ra’alloy Ramps Ltd to create a range of access ramps, stairways and service platforms from aluminum. Using the words of the company itself, “Aviramp was developed to…

iBusiness News Today

WestStar Offers local radio stations on cable

WestStar TV is adding four local radio stations to the cable line-up. WestStar is committed to giving customers more choice when it comes to home entertainment, adding ZEE TV and Extreme Sports to the Premiere Packages this summer. Now WestStar…

iBusiness News Today

David Boyd joins Appleby Fund Services

Appleby is pleased to announce the appointment of David Boyd as Head of Fund Services to manage this growing part of its Cayman operations. David specialises in providing fund administration services and directorships to investment funds and special purpose vehicles…

iBusiness News

Letter from Hong Kong – A Tale of Two Cities

“For a city without any natural resources, a non competitive immigration policy is a policy which contributes to our economic non competitiveness.  This is a fight we can ill afford to lose”. This was not, as it well might have…

iBusiness News

Walkers launch specialist group

Leading international financial law firm Walkers has announced the launch of its Insurance Linked Securities (ILS) Group. It will bring together the deep expertise within the firm regarding alternative risk transfer arrangements such as catastrophe bonds, reinsurance sidecars and securitisation…

iBusiness News

Stocks fall sharply as Europe worries deepen

NEW YORK (AP) — Stocks fell sharply in morning trading Tuesday as worries deepened about Europe’s debt crisis and the weak U.S. economy. The yield on the 10-year Treasury note fell and gold rose as investors sought safety. An hour…

iBusiness News

Cayman business must do better – says FT report

A report by leading British newspaper the Financial Times has rated the Cayman Islands as poor when it comes to a number of key attributes in business. The Foreign and Direct Investment report says Cayman ranks nowhere when it comes…

iBusiness News

Maples and Calder Recruited Record Number of Summer Students

Maples and Calder welcomed nineteen summer student interns in June, marking a record number for the firm, which invites applications each year from young adults who are in the last years of their secondary education or beginning their tertiary education….