Mystery of Malaysian 1MDB’s US$2.3b Cayman Islands fund
By Anita Gabriel From Business Times It still has not given details of the funds or manager’s name. The revelation comes at a time when 1MDB is under fire for placing funds in hedge funds abroad, particularly since almost all…
Portugal’s return to bond market fuels recovery hopes
By Jamie Robertson, Presenter, BBC World News Something to smile about at last? Portugal hopes its return to the bond market will spur economic recovery Wednesday morning in Portugal and a corner was turned on the gruelling road to…
CIMA warns Excel Global for failures and posts public notice
9 May 2014 Ezequiel Nasser Director Excel Global Opportunities Fund, Ltd. Av. Paulista, 2421 11oandar SaoPaulo,SP Brazil Ray Nasser Director c/o Excel Wealth Management,LLC 375ParkAvenue,Suite3807 NewYork,NY10022 USA Dear Sirs, Re:Excel Global Opportunities Fund, Ltd. (Reg#11066) (“theFund“) We write to you…
Massive ad industry merger collapses
By Aaron Taube From Business Insider The $35 billion merger between Omnicom and Publicis Groupe SA has been called off, the Wall Street Journal reports, citing sources. The merger, first announced this past July, would have created the world’s largest…
Sure to acquire Jersey Data Centre and Cloud Services provider Foreshore
Sure, the Channel Islands communications provider is pleased to announce that Sure (Jersey) Limited is set to acquire 100% of the shareholding in Foreshore, the pioneering data centre and cloud services provider. The acquisition is taking place for an undisclosed…
The CARTAC steering committee
The CARTAC steering committee welcomes the center’s contribution to institutional reforms in the Caribbean The Steering Committee of the International Monetary Fund’s (IMF’s) Caribbean Regional Technical Assistance Center (CARTAC) welcomed the progress made by the Center over the period November…
Sunset Brands, Inc. DBA Sunset Capital Assets
Sunset Brands, Inc. DBA Sunset Capital Assets (OTC: SSBN), announces Sunset Capital Assurance, segregated portfolio company JACKSONVILLE, FL–(Marketwired – May 8, 2014) – Sunset Capital Assets, Inc. (OTC: SSBN), a Nevada corporation, traded on the Over the Counter (OTC) markets…
The Editor Speaks: Our attitude to mental health is disgraceful
A mentally ill woman, half naked, and swinging two machetes, went into a local restaurant demanding food – not money, she wanted FOOD – threatened staff, smashed the countertops and a computer before leaving and finding her way to Burger…
Bankers’ bonuses: Shareholders wary of making allowances
By Jamie Robertson, Presenter, BBC World News Bonuses are down but pay is accelerating for bankers in the fast lane Bankers’ bonuses are not what they were. Don’t get me wrong. They haven’t shrunk in any way. Far from it….
Failure to Launch: Cayman Court has “Scant Sympathy” for Plaintiff who did not serve writ in time
From Appleby Weavering Macro Fixed Income Fund Limited (In Official Liquidation) (the “Plaintiff”) was a Cayman investment fund which made headlines in 2009 when it emerged that the counterparty for its biggest trading position was controlled by the fund’s manager….
