OFCs ‘not to blame’ for global financial woes, says ex-regulator
“Irresponsible” governments, regulators and banks are mainly responsible for the global recession, not Offshore Financial Centers, said Tim Ridley, former Chairman of the Cayman Islands Monetary Authority. “It is a myth that OFCs are primarily responsible for the recent financial meltdowns,”…
New iPhone arrives at LIME
The latest iPhone from Apple arrived in Cayman yesterday – and fans of BBM-ing have nothing to worry about! In another first for telecommunications giant, LIME they launched the new iPhone 4S on the island. And their Regional Product Manager…
Video remand facility a reality
Persons detained at HMP Northward and Fairbanks while on remand will soon address the courts, and consult with their lawyers, from the confines of the penal system, following the introduction of CCTV links. This development is another component of the…
IRR new office
North America’s largest independent commercial real estate valuation and consulting firm, announced today that it has opened a new international office in the Cayman Islands to offer both residential and commercial real estate valuation and consulting services throughout the Caribbean….
Families benefit from Ernst & Young food drive
Ernst & Young Ltd. teamed up with Cayman ARK (Acts of Random Kindness) to help make the holiday season a little brighter. The professional services firm organised a food drive on December 14 for the local charity to assist families…
Butterfield names Executive Chairman Designate
HAMILTON, Bermuda, Jan 05, 2012 (BUSINESS WIRE) — The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) today announced that Mr. Brendan McDonagh, who was previously Chief Executive Officer, HSBC North America and Group Managing Director, HSBC…
Cayman National Bank expands and installs ATM in Little Cayman
Cayman National Bank officially opened its newly expanded Little Cayman Customer Service Centre 15th December 2011 with a ribbon-cutting ceremony coupled with a Customer Appreciation day for its customers. The ceremony was kicked off by the students of the Little…
Appointment of magistrate
His Excellency the Governor, Duncan Taylor, CBE, is pleased to announce the appointment of Mrs. Kirsty-Ann Gunn as Cayman’s newest permanent Magistrate. Mrs. Gunn is currently employed as a Crown Counsel (Specialist) with the Government of Bermuda, a post she…
New iPhone will be available in Cayman
Apple have announced that the iPhone 4S will be available in the Cayman Islands. Untill now only a select number of countries were able to boast and flaunt their iPhone 4S. But Apple has made the happy announcement that the…
Cayman maintains its triple “A” rating
After a period of scrutiny, international ratings agency, Moody’s has maintained its triple “A” rating for Cayman. Moody’s experts said in it’s most recent assessment that the island strong institutions further support the rating. It says its stability has been…
