Gold bears bet wrong again as rally continues
From Moneynews (Sunday 13 April 2014) Bearish speculators misjudged gold bets again as the release of Federal Reserve minutes extended this month’s rally in bullion. Money managers cut their net-long position to the lowest since February in the week ended…
CIBC FirstCaribbean welcomes new associate director to retail team
Grand Cayman, CAYMAN ISLANDS 9 April 2014 – CIBC FirstCaribbean has announced the appointment of Joy Callender as the bank’s new Associate Director of Retail Banking. Fresh off her Turks and Caicos (TCI) team’s success as Branch of the Year…
What’s next for China and Latin America?
By Nicolas Santo From EconomyChina What does a marvelous island in the Caribbean have in common with the freezing Argentinean Patagonia and the lush Brazilian Northeast? Let’s leave that question for now and jump back to 2004. In November of…
Euromoney rankings recognise Deutsche Bank’s client relationships in the Cayman Islands
Deutsche Bank has been recognised for the quality of its customer service in the Cayman Islands in the prestigious Euromoney Private Banking and Wealth Management Survey 2014. The Bank was awarded the accolade for ‘Best Relationship Management’ in the Cayman…
When you hear the phrase ‘Cayman Islands hedge fund,’ what comes to mind?
By Dan Murphy From Dairy Herd Commentary: Caribbean caper When you hear the phrase ‘Cayman Islands hedge fund,’ what comes to mind? Billionaires, financiers and venture capitalists, right? Now you can add (alleged) ‘animal activist group.’ One of the most…
Bahamas wants regional centre of excellence in financial services
From Caribbean Export Development Agency The creation of a regional centre of excellence in financial services is being touted as the way forward if the region is to face the challenges and volatility of the global world of financial services….
To evade taxman, hop on a bike [don’t stash cash in Caymans]
By Catey Hill, MarketWatch Sen. Chuck Schumer proposes tax break for bike commutes What does using a bike-share program have in common with stashing cash in the Cayman Islands? Both may soon be tax shelters. U.S. Senator Chuck Schumer (D-New…
Ryan Pinder at the 3rd Caribbean Conference on International Financial Services Mar 31, 2014 – 4:03:49 PM
3rd Caribbean conference on the international financial services sector The Caribbean engaging the world in financial services Nassau, the Bahamas The Honourable L. Ryan Pinder Minister of Financial Services, Commonwealth of The Bahamas “Welcome Remarks” Introduction The Right Honourable Perry…
Bitcoin slips in the wake of the IRS’s tax decision
By Alex Wilhelm From techcrunch Earlier this week, the IRS decided that Bitcoin is property, not currency, setting in place a regulatory structure that could see users of the cryptocurrency forced to keep price score in a rapidly shifting market….
Firm you haven’t heard of with $13M in 2013 revenue IPO’d today, spiking to valuation north of $3B
From Tech Crunch So you are a company. You’re about six years old. You’ve raised $181 million dollars to date, including a Box-esque $100 million Series D bloc. The tough bit is that your revenue in 2013 was a mere…
