Beechwood re hires former Morgan Stanley executive
NEW YORK, July 31, 2014 /PRNewswire/ — Beechwood Re today announced that David Lessing, former Morgan Stanley Chief Operating Officer of U.S. Wealth Management Group, has joined the Beechwood family of companies. Beechwood provides both offshore reinsurance capacity to Life,…
Anchor tenant landed for [Cayman Islands] Camana Bay
By David Phillips From GlobeSt. Dart Realty (Cayman) Ltd. says PwC Cayman Islands, a member firm of one of the world’s largest professional services networks, will anchor 18 Forum Lane, an 85,000-square-foot office and retail building under construction in Camana…
Cayman Islands well placed as AIFMD transitional period expires
From Cayman Funds Magazine With the transitional period for the implementation of the European Alternative Investment Fund Managers Directive (AIFMD) having recently expired, the Cayman Islands is well placed to navigate the new regulatory landscape in Europe. That is according…
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Caribbean Community’s first strategic plan now online
From Caribbean News Now GEORGETOWN, Guyana — The Executive Plan may be downloaded from the Caribbean Community (CARICOM) website, or here. Further background papers will be provided in due course. CARICOM heads of government approved the strategic plan at their…
The Editor Speaks: Churches “under attack” or Bush?
Churches are a ‘soft’ touch when finance is involved. They are in the business of saving souls and providing assistance to the community where government cannot/will not help, not in the business of high finance. Churches rely on handouts/collections from…
Don’t punish American workers
By Tom Spulak From The Hill Recent activity involving the movement of corporate ownership overseas has gotten the attention of many in Congress. Some decry these transactions, known as inversions, as unpatriotic and even traitorous based on the fact that…
Bank of Anerica ordered to pay $1.27 Billion over mortgage fraud
By John Caher, From New York Law Journal Southern District Judge Jed Rakoff has ordered the Bank of America to pay $1.27 billion in penalties in connection with a wide-ranging mortgage fraud perpetrated by its Countrywide financial unit, and slapped…
Caribbean Community Climate Change Centre to benefit from German assistance
From Caribbean360 BELMOPAN, Belize, Tuesday July 29, 2014, CMC – The Belize-based Caribbean Community Climate Change Centre (CCCCC) says it will implement an Euro 12.8 million (One Euro =US$1.29 cents) project later this year to address to address ecosystems-based adaptation….
Growth of Part-Time Jobs a ‘Burgeoning Disaster’ [for USA]
From Newsmax The Obama administration trumpeted the report that the United States gained 288,000 jobs in June. In fact, the nation LOST 523,000 full-time jobs last month. What the economy actually gained was about 800,000 part-time jobs in June, according…
OECS needs injection of “serious hard” cash to address challenges
From Caribbean360 KINGSTOWN, St Vincent, Tuesday July 29, 2014, CMC – The Organisation of Eastern Caribbean States (OECS) must mobilise large sums of money if it is to address the challenges confronting its nine member countries. “And that is where…
