Corruption investigation – Cayman Premier & 2nd man released on police bail
From RCIPS 4:32pm Corruption investigation – Second man interviewed and bailed The man who was arrested yesterday on suspicion of inciting a breach of the corruption law has now been released on police bail. As stated in our previous release,…
HSBC blasted for ‘stunning failures over oversight’
The US says “dangerous practices” at HSBC allowed the bank to pass money to “drug kingpins and rogue nations”, fining it $1.9bn (£1.2bn). HSBC agreed the fine, the largest of its kind, earlier on Tuesday. A US Senate investigation said…
Nelson Mandela has lung infection
South Africa’s first black President Nelson Mandela is being treated for a lung infection, the president’s office has said. This is the first time officials have revealed why Mr Mandela, 94, was rushed to a military hospital in the capital,…
Caribbean Broilers exporting meat to Cayman Islands
Corporate Affairs Manager at Caribbean Broilers, Dr Keith Amiel announced that the company exported a container of chicken to that country this week and plans are also being made to export pork. He however said, with the company’s facilities up…
Egypt crisis: Morsi supporters and opponents rally
Thousands of demonstrators are on the streets of the Egyptian capital Cairo for rival rallies as emotions run high ahead of a planned referendum. The opposition have breached a barrier outside the presidential palace but there has been no violence….
China bishop Thaddeus Ma Daqin stripped of title
China’s state-run Catholic Church has stripped a bishop of his title, five months after he announced he was quitting the Church’s oversight body. Thaddeus Ma Daqin, an auxiliary bishop in Shanghai, announced his resignation from China’s Patriotic Catholic Association (CPCA)…
Cayman Insurance Industry Has Best Year Says CIMA
Speaking at the 2012 Insurance Managers Association Cayman (IMAC) http://www.caymancaptive.ky/ annual general meeting, Head of Insurance Supervision at the Cayman Islands Monetary Authority (CIMA), Gordon Rowell underscored the reasons why the Cayman Islands’ insurance industry has been successful, why it…
Mobile millionaires place family and quality of life above business interests: RBC Wealth Management
Global mobility shapes investment approach; Cultural ties influence wealth transfer and philanthropy TORONTO, December 11, 2012 — A global, nomadic approach to personal and professional life is a key factor to the success of millionaires around the world, according to…
Barbados, Cayman Islands : CIBC FIRSTCARIBBEAN hires Director of Private Wealth Management
Dan Wright has joined CIBC FirstCaribbean as the Director of Private Wealth Management in its Wealth Management Senior Leadership Team. In this role, Wright will be initially based in Cayman Islands office. Wright is a veteran wealth management and…
A Slice of Jamaican Christmas for JN Money Transfer Customers
SOUTH FLORIDA – Jamaicans in the Diaspora across the United Kingdom, the United States of America, Canada and the Cayman Islands will experience a touch of a truly Jamaican Christmas when they step into a JN Money Transfer Branch, or…