Ernst & Young to pay $99M to stop Lehman investor lawsuit
From Reuters article by Nick Brown, Fri Oct 18 2013 Ernst & Young ERNY.UL has agreed to pay $99 million to former Lehman Brothers (LEM.MX) investors who have accused the auditor of helping Lehman misstate its financial records before the…
Bruce Golding speaks at CIN Lecture Series Tuesday
From Jamaican Observer KINGSTON, Jamaica — Former Prime Minister Bruce Golding will be the guest presenter at this year’s annual CIN Lecture Series, at the Schomburg Centre for Research in Black Culture, on Tuesday October 22. The ‘CIN Lecture Series’…
JPMorgan said to agree to at least $750 Million in Whale Fines
From Moneynews JPMorgan Chase & Co. has agreed to pay at least $750 million to resolve U.S. and U.K. regulatory probes of its record trading loss last year, people with knowledge of the negotiations said. The bank is seeking to…
Australia bushfires: New South Wales declares state of emergency
BBC News A state of emergency has been declared in New South Wales as Australian firefighters battle bushfires that have already destroyed more than 200 homes. The announcement comes as conditions look set to deteriorate with soaring temperatures and strong…
The Editor Speaks: What I actually said in my interview with Shelly
Colin Wilson The following is the list of questions I was given by journalist Sam Shelley together with my unedited answers. See our story in iNews Cayman on October 18 2013 “Cayman social divisions according to Wilson and UK’s Telegraph”…
Please don’t judge ‘Beenie’ begs family
Anthony “Beenie” Connor was shot dead a week ago near the Mango Tree Restaurant in George Town. Since then there have been “scandalous and unkind accusations” said about the deceased 32 year old man. Mr. Connor’s family have pleaded for…
Cayman Islands signs Memorandum of Understanding with Austria
(Grand Cayman – Friday, 18 October 2013) The Cayman Islands Monetary Authority (CIMA) has signed a Memorandum of Understanding (MOU) with Finanzmarktauficht of Austria which provides for mutual assistance regarding supervising managers of alternative investment funds who operate on a…
Two new recruits join ex government minister at Ogier
Former Minister for Tourism, Cline Glidden Jr, and former UDP member of the Legislative Assembly for twelve years, has joined a local law firm, Ogier Cayman as an articled clerk. Ogier is expanding its articled clerk programme. Joining Glidden is…
Qunar expects 11.1 Million ADS IPO at $9.50-$11.50 Each
By Anna Prior From The Wall Street Journal Qunar Cayman Islands Ltd., a unit of Chinese search-engine company Baidu Inc. (BIDU, K3SD.SG), said Friday via a filing that its initial public offering of 11.1 million American depositary shares is expected…
PANCAP partners meet to strengthen Caribbean AIDS response
Consensus on priority programmes and needs and increased national leadership to sustain the regional AIDS response are among the expected outcomes of a meeting of national AIDS programme managers, donors and regional partners on October 21-23, 2013, at the Hyatt…
