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PwC supports professor chair at the International College

PwC (PricewaterhouseCoopers) has stepped up with a corporate sponsorship for the academic chair at the International College of the Cayman Islands in a strategic move to expand its business programme and raise the bar in higher education. The corporate sponsorship…

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BNY Mellon opens

BNY Mellon has opened its first wealth management office in the Cayman Islands as part of an effort to expand the firm’s global capabilities to serve international clients, the wealth manager announced Wednesday. The firm has always had international clients…

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Caledonian Global Financial Services launches unique securities division

Caledonian Global Financial Services Inc. (CGFSI) announced today the launch of Caledonian Securities Limited (CSL) having achieved regulatory approval from the Cayman Islands Monetary Authority. With this new brokerage and custody business the Caledonian offering has been bolstered through a…

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JA ethics course supported by Rotary Central

Rotary Central has helped introduce Cayman’s future business leaders to the importance of business ethics by providing volunteer support to Junior Achievement’s high school program, JA Business Ethics. Year 12 students at the Cayman Islands Further Education Center (CIFEC) completed…

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US tax seminar

The Ministry of Finance is hosting a two-day seminar on US tax compliance and FATCA. On 31st January, the focus will be on getting compliant with US tax directives and to learn more about the details of what needs to…

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Fresh Image PR launch bold new website

Fresh Image PR – a boutique public relations firm that caters to Cayman business and brands – has kicked off the New Year with an overhaul. The company underwent a full rebrand and recently launched a bold new website, new…

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Caledonian appoints director

Caledonian Global Financial Services is pleased to announce Mrs. Jacqueline Terry has been appointed Director of Caledonian Group Services Limited. Mrs. Terry has been the Global Human Resources Manager for Caledonian for over 10 years and has been an integral…

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Probe finds auditors responsible for losses

TOKYO (AP) – An internal investigation at Olympus Corp. found that five current and former auditors are responsible for a combined 8.38 billion yen ($109 million) in losses linked to the Japanese company’s accounting scandal, and plans to sue them….

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RBC hires manager

RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of John D’Amato as Manager Investments Services, Caribbean, based in George Town, Grand Cayman. Mr. D’Amato joins RBC Wealth Management’s Caribbean Investments…

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OFCs ‘not to blame’ for global financial woes, says ex-regulator

“Irresponsible” governments, regulators and banks are mainly responsible for the global recession, not Offshore Financial Centers, said Tim Ridley, former Chairman of the Cayman Islands Monetary Authority. “It is a myth that OFCs are primarily responsible for the recent financial meltdowns,”…