Ministry of Home Affairs introduces ford fusion hybrids to police fleet
The Ministry of Home Affairs is set to introduce hybrid vehicles as a part of its strategic objective to “Make Cayman Better”. It is projected the initiative will not only reduce the burden on the public purse, but also reduce…
Conor O’Dea to retire as Butterfield President & COO and Cayman Islands Managing Director
O’Dea Appointed Non-Executive Chairman of Cayman Board; Will Stand for Election to Group Board at AGM Hamilton, Bermuda and George Town, Grand Cayman—14 January 2016: Butterfield Group today announced that Conor O’Dea, President & Chief Operating Officer and Managing Director…
SEC slaps GC with lifetime ban for role in bank failure
By Sue Reisinger, from Corporate Counsel The federal government has permanently barred William Caughran, the general counsel for now-defunct Superior Bank and its holding company, Superior Bankcorp, from serving as an officer of a public company. And he must pay…
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Celebrity Home For Sale: David Bowie’s Caribbean Retreat Home Sells for £14 Million
From Realty Today David Bowie’s former Mustique retreat home in Caribbean Islands is now on sale following his death. The legacy of the late glam-rock music icon David Bowie lives on after his death. Bowie passed away on Jan. 10…
Earnings: More economic insight from Morgan Stanley and BofA?
By JJ Kinahan From Seeking Alpha Summary More big banks will be riding the early-earnings train again next week when Morgan Stanley and Bank of America let Wall Street know just how tough their Q4s played out. MS already has…
Walmart will close 269 stores this year, affecting 16,000 workers
by David Goldman From CNN Money Walmart said it will close 269 stores in 2016, as the mega-retailer tries to revitalize its slumping finances. The company said the stores it plans to close are generally poor performers, and most are within…
IFAs face offshore pension transfer problems
From iExpats Financial advisers feel overseas pension transfer rules need a shakeup, according to new research. The survey by financial firm Old Mutual Wealth found almost 40% of international IFAs would welcome a review of offshore pension transfer regulations as…
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iNews Briefs & Community Events (From BIG FISH 95.5)
Claudia Edward is back! Fresh from her stint in Thailand, St. Lucia’s R&B/Alternative Rock Songstress Claudia Edward, acclaimed in year’s past as ‘The Diva’ is pleased to announce the release of her fourth studio album. ‘On The Edge’ lines up…
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Peter Binose: [Is this] The real reason for Saint Vincent’s Argyle International Airport – Cocaine [?]
By Peter Binose Forget the tourists there is something much more lucrative afoot. It is whispered that recently cocaine barons have injected US$400 million into a group within the Vincentian government for help with setting up an improved link into…
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Generali Worldwide Mercuryman attracts elite athletes to Cayman Islands
The Generali Worldwide Mercuryman today announced the elite field set to race in the half iron distance triathlon on January 17th 2016, including British professional triathlete Rachel Joyce. Rachel Joyce had an excellent 2015 race season kicking off at the…
