October 21, 2019

Butterfield receives three Citywealth Financial Centre awards

Pin It

By James Qualtrough  From Guernsey isle News Butterfield (comprising Bermuda-based The Bank of N.T. Butterfield & Son Limited and its international subsidiaries) has received three Financial Centre Awards from Citywealth, the UK-based publisher of wealth-management industry news and directories. Butterfield was named Private Bank of the Year – Caribbean, Trust Company of the Year – […]

Bermuda police probe Cayman officer’s death

Pin It

From Bernews Officers from the Bermuda Police Service began their investigation into the death of a Royal Cayman Islands Police Service [RCIPS] constable this week. The RCIPS said, “Following a directive from Police Commissioner David Baines that an independent review of the circumstances surrounding the arrest, and the subsequent death, of Police Constable Raphael Williams […]

Fairmont Hamilton Princess Bermuda lays off workers

Pin It

From Caribbean360 Sources said the redundancies included managers in the hotel’s food and beverage sector and jobs linked to group convention business and conferences. Other workers made redundant included employees who work in the hotel’s bars and room service. HAMILTON, Bermuda, Wednsday January 29, 2014, CMC – Bermuda’s ailing tourism industry suffered a fresh blow […]

Bermuda to use “Integrated Casino Resort” model for gaming

Pin It

By the Caribbean Journal staff Casino gaming will be coming to Bermuda as announced late last year, the government said this week. The island’s government said it had decided to “proceed with the establishment of legalized casino gaming through the parliamentary process” after initially planning to put the issue to a popular referendum. In a […]

Cayman: a hotspot of zero-taxes, legalised secrecy and “light touch” regulation

Pin It

From Tax Justice Network The Cayman Islands is ranked fourth in the 2013 Financial SecrecyIndex.  Cayman combines a high secrecy score (70 points out of a possible 100) with a large share (almost 5 per cent) of the global market for offshore financial services. Time and again when major scandals emerge into the public spotlight, […]

Cayman won’t rush to embrace gambling

Pin It

Don Burgess, Deputy Editor BDA Sun Cayman Islands Tourism Association has put the brakes on any talk of adding casinos to the British Overseas Territory. In a report on CayCompass.com the CITA said energy would be better spent on other issues rather than casinos. Tim Adam, the secretary of the CITA, told the paper: “We […]