Dimon survives votes on pay, chairmanship
(AP) — The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank. CEO Jamie Dimon also…
Nassau Government offers $9M ‘funding’ to Cayman Islands provider WSC
The government has provided the Water and Sewerage Corporation (WSC) with “additional funding” of $9 million in an effort to keep its receivables below 90 days. The disclosure by Glen Laville, the general manager of WSC, comes shortly after Consolidated…
“I don’t think there’s a whole lot of Bank of America operations in the Cayman Islands”
From http://www.huffingtonpost.com and Cross-posted from the “Arguing the World” blog at Dissent magazine and written by Mark Engler, Senior Analyst, Foreign Policy in Focus This spring is a season of confrontation at the shareholders’ meetings of U.S. banks and other…
Chairman of Cayman Islands Stock Exchange sets the record straight
Anthony Travers, Chairman of the Cayman Islands Stock Exchange wrote a letter to The New York Times who published it under the title: “Tax Evasion vs. Avoidance, as Seen From the Caymans” To the Editor: New York Times The Opinion…
Police are almost silent on robbery
The RCIPS seemed to have very little to say concerning a robbery that happened in the early hours on Tuesday 8th May. The RCIPS would only confirm that an aggravated burglary took place in Northward Road, Bodden Town involving two…
Halleluijah Praises in the Courtyard
The University College of the Cayman Islands will host a major benefit gospel concert slated for Friday and Saturday, May 25 & 26, 2012, 6:30pm at the UCCI Courtyard. Entitled Halleluja: Praises in the Courtyard, This will showcase performances by…
Vatican mystery intensifies, bones found in grave
(AP) — Forensic police swarmed the crypt of a Roman basilica on Monday to exhume the body of a reputed mobster as part of an investigation into one of the Vatican’s most enduring mysteries: the 1983 disappearance of the teenage…
Moms and kids share quality time
Moms and kids came out to celebrate Child Month’s Mother & Child Evening across Grand Cayman and Cayman Brac last Wednesday (9 May). Throughout each district, the Department of Children and Family Services (DCFS) organised dinner and games for families…
Sister Islands Annual Hurricane Preparedness Exercise
District Administration held its Annual Hurricane Preparedness Exercise on Friday morning May 4th 2012 in Cayman Brac and Little Cayman. In attendance were the Deputy Premier and Minister for District Administration, Works, Lands, and Agriculture the Hon. Juliana O’Connor Connolly,…
Garth Arch wins YCLA
At the 2012 Young Caymanian Leadership Award show held on Saturday (12) night at The Ritz-Carlton, Grand Cayman, Garth Arch was the winner. “It’s a tremendous honour. I feel humbled to receive the award,” said Mr. Arch, as he accepted…
