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CRFM Ministerial Sub-Committee on Flyingfish calls stakeholders to action

BELIZE CITY, BELIZE – Fisheries ministers who met on Friday, 22 February 2013, in Port of Spain, Trinidad and Tobago, to review urgent governance and management issues challenging the seven Caribbean countries that currently harvest the Eastern Caribbean flyingfish (scientific…

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Board Changes At LGT Bank (Switzerland)

Sally Ling in London Wealth Briefing The Swiss subsidiary of Liechtenstein-headquartered private banking group,LGT , has appointed Heinrich Henckel as its chief executive designate. Henckel will take over from Hans Roth, who has headed LGT Bank (Switzerland) since 2004, on…

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Fund Fiduciary Partners launch in Cayman

The Cayman Islands Monetary Authority (CIMA) has given the stamp of approval to Cayman’s newest independent director services provider. Hedge fund industry specialists Michael Pearson and Chris Rowland launched Fund Fiduciary Partners to address the increasing demand for highly qualified…

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“Your Ticket to Explore”

Acorn Publishing are wondering if iNews Cayman readers have seen, or had a chance to enter, the “Your Ticket to Explore” competition, but it’s easily the biggest promotion they said they have ever done with over $17,500 in prizes and…

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Hedge fund issues to be discussed at Cayman conference

Attorneys John Kozyak and Adam Moskowitz, partners in the Miami-based firm of Kozyak Tropin & Throckmorton, will be speaking at a conference in the Cayman Islands titled “Litigation Updates for the Hedge Fund Industry.” The conference, which begins at the…

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Cayman Airways to fly to Dallas- Fort Worth starting May 25

Grand Cayman, Cayman Islands, February 26, 2013: Cayman Airways would like to advise its customers that the re-launch of the Dallas/Fort Worth route will be postponed from April 10th, 2013 until May 25th, 2013 in order to adjust capacity to…

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Butterfield Reports 2012 Full Year Results

2012 core earnings of $54.9 million, up 45.2% Net income of $25.6 million after net one-off items totalling $29.3 million Board declares $0.04 special dividend Strong capital position with a total capital ratio of 24.2% Hamilton, Bermuda─26 February 2013: The…

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SEC v. New Stream Capital (Cayman), Ltd. et al: Complaint [Hedge Fund accused of $170 Million fraud]

Complaint in U. S. Securities and Exchange Commission v. New Stream Capital (Cayman), Ltd., New Stream Capital, LLC, David A. Bryson, Bart C. Gutekunst, Richard Pereira, and Tara Bryson at the U. S. District Court for the District of Connecticut….

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BT Coalition writes to UK’s FAC

BT Coalition deplores “double standards” of Governor and FCO; appeals to the UK’s FAC to impose “rule of law” Faced with what they consider a refusal by the UK government to consistently ensure good governance and the rule of law…

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Hackers create chaos for Bahamas credit card owners & financial institutions

Written by The Freeport News Financial institutions in The Bahamas are scrambling to solve a major data breach at an international acquiring company that compromised thousands of credit cards. While details are still trickling in, Guardian Business can confirm that…