CUC profits up by nine per cent
Caribbean Utilities Company, Ltd. (“CUC” or the “Company”) announced its unaudited results for the fourth quarter and twelve months ended December 31, 2011 (all figures in United States dollars). Net earnings for the three months ended December 31, 2011 (“Fourth…
RBC Wealth Management ranked top
RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), and the sixth largest wealth manager in the world, has been recognized as providing the best private banking services in Cayman Islands, as well as in…
Liquidator can’t get Ashcroft answers
Neither the lawyers nor auditors, nor company executives will give Chris Johnson any information about the bankrupt parent and the related demise of Cayman’s Hadsphaltic construction giant. His fuse is running short. One of the men at the top of…
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…
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…
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…
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…
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…
