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Ten ready to kick-off Enterprise City

The multi-million-dollar Cayman Enterprise City (CEC) has announced that by the end of this month, 10 companies will open their doors, kicking off operations in the special economic zone. The companies will not be quartered in the zone, which is…

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Ridley appointed to GlobeOp board

Luxembourg-based holding company GlobeOp Financial Services S.A. (GO.L: News ) on Monday said it has appointed Tim Ridley to its Cayman Islands subsidiary board. Ridley was appointed following the recent resignation of Gary Linford. In a different development, financial software…

Status update: Facebook to go public, raise $5B

NEW YORK (AP) — Facebook made a much-anticipated status update Wednesday: The Internet social network is going public in a stock offering that could value it at as much as $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg…

“Facing down the Big Challenge” seminar

Funds services providers in the financial and legal fraternity in the Cayman Islands are gearing up for a seminar organised by Mourant Ozannes in collaboration with international law firm Shearman & Sterling. The seminar, Facing Down the Big Challenge: SEC…

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Telephone changes on the horizon

Long awaited, long delayed and a victim of endless dispute, the freedom to change telephone services while keeping your number arrived yesterday — except for a small problem: It didn’t. No one is sure if the equipment works — and…

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BDO gives boost to Junior Achievement

One of the world’s top audit firms has thrown its support behind a new sponsorship program aimed at bringing in much needed funds for Junior Achievement of the Cayman Islands. The new ‘Corporate Ambassador’ program was launched by the new…

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Telephone changes on the horizon

Long awaited, long delayed and a victim of endless dispute, the freedom to change telephone services while keeping your number arrived yesterday — except for a small problem: It didn’t. No one is sure if the equipment works — and…

iBusiness iLocal News News

PwC supports professor chair at the International College

PwC (PricewaterhouseCoopers) has stepped up with a corporate sponsorship for the academic chair at the International College of the Cayman Islands in a strategic move to expand its business programme and raise the bar in higher education. The corporate sponsorship…

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BNY Mellon opens

BNY Mellon has opened its first wealth management office in the Cayman Islands as part of an effort to expand the firm’s global capabilities to serve international clients, the wealth manager announced Wednesday. The firm has always had international clients…

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Caledonian Global Financial Services launches unique securities division

Caledonian Global Financial Services Inc. (CGFSI) announced today the launch of Caledonian Securities Limited (CSL) having achieved regulatory approval from the Cayman Islands Monetary Authority. With this new brokerage and custody business the Caledonian offering has been bolstered through a…