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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…

Damian Marley Set to Perform Alongside Local Artists

Damian Marley set to perform alongside local artists on The Festival Green, Grand Cayman’s premier music venue Camana Bay’s newest event location, the waterfront Festival Green, is fast becoming the premier address for many of Grand Cayman’s most popular events…

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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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Male arrested for fraud related offences

On Wednesday, 27th February 2013, during an early morning operation, Detectives of the RCIPS Financial Crime Unit arrested a 57-year-old male in relation to fraud related offences. The suspect was interviewed and bailed. Investigation continues.

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Alice Mae Coe et al v. Governor of Cayman Islands et al: Writ of Summons

Writ of Summons in Alice Mae Coe, Annie Multon, Ezmie Smith, and Betty Ebanks v. The Governor of Cayman Islands, The Attorney General of the Cayman Islands, Minister for Finance, District Administration, Works, Lands & Agriculture, and National Roads Authority…

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US Secretary of State John Kerry visits the UK

26 February 2013 British Foreign Minister William Hague and US Secretary of State John Kerry held bilateral talks and co-hosted a press conference dominated by Syria in London yesterday (25 February). Speaking at the press conference, Foreign Minister William Hague…

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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…

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C. Everett Koop, the Nation’s Doctor, Was a Giant in the Fight Against Tobacco

The following is a statement of Matthew L. Myers , President, Campaign for Tobacco-Free Kids: All of us at the Campaign for Tobacco-Free Kids are deeply saddened to learn of the death of former Surgeon General C. Everett Koop.  Dr….

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George Hamilton And Other Celebs To Host Local Fundraiser For Teens And Adults

Addiction is a family affair and the family member you save may be your own. George Hamilton, the honorary gala chair, with John Giordano , DHL, as Master of Ceremonies, welcome Alana Stewart , Richie Supa (Aerosmith), Marvin Jones (New…