Butterfield to make 18 redundant (2 in Cayman)
By Don Burgess, Deputy Editor BDA Sun The bank notified six employees today (July 3) that they would be let go. All the positions are with the Operations and Investment Services departments. The Bank of NT Butterfield & Son announced…
Coutts says goodbye to Cayman
Coutts, a private bank and a wealth manager with three centuries of experience, is saying goodbye to its presence in the Cayman Islands. From Wikipedia: Coutts is one of the world’s oldest banks and is wholly owned by Royal Bank…
New leadership for early childhood care and education
Caymanian, Mrs. Carol Bennett, is the new head of the Early Childhood Care and Education (ECCE) Unit, in the Ministry of Education. Mrs. Bennett replaces Ms. Julie Madgwick, who helped to establish the unit and drive an ambitious agenda for…
3 Reasons why we don’t need to freak out about China’s ugly economic data
By SAM RO From Business Insider Any way you look at it, the two Chinese manufacturing reports we just got were not great. The official China manufacturing PMI index fell to 50.1 in June from 50.8 in May. This was…
T&T keeping out of Guinea’s govt
Dookeran on leader accused of human rights abuses at Caricom meeting By Ria Taitt Political Editor Trinidad Express Newspapers Foreign Affairs Minister Winston Dookeran said the Trinidad and Tobago Government was not in a position to adjudicate on international human…
CDB warns of difficult economic situation in the Caribbean
Georgetown, July 3 (Prensa Latina) Governor of the Caribbean Development Bank (CDB), William Warren, said that the region is going through one of its most difficult times due to the international economic crisis. Quoted by the Caribbean News Now, Warren…
Simpson Oil to acquire ExxonMobil in Caribbean
From Stabroek News (Barbados Nation) The Simpson empire, led by Barbadian business mogul Sir Kyffin Simpson, is about to take on gigantic proportions. After out-negotiating Trinidadian oil company National Petroleum, as well as the French oil giant Total, in 2004…
New members appointed to Cayman Airways Board
The Cayman Airways Board of Directors has some new members. Former MLA, Norman Bodden, has been appointed Deputy Chairman and other directors include James Tibbetts, Chris Kirkconnell, Andre Ebanks, Eric Bush and Stran Bodden. Previous chairman of the board, Philip…
Two are top Complaints Officers
The enshrinement in the Cayman Islands Constitution 2009 of certain offices responsible for good governance has led to an evolution in how some managers in government ministries and departments interact with the public, notably those dealing with human resources, compliance…
PwC awarded consultancy contract for cruise berthing facility
Cruise Berthing Financial Services Contract Signed (GIS) The Cayman Islands Government formalised the financial services consultancy contract for Grand Cayman’s proposed cruise berthing facility with PriceWaterhouseCoopers (PWC) Tuesday morning (1 July 2013). Deputy Premier and Minister of District Administration, Tourism…
