October 1, 2022

Janet Hislop appointed President of Cayman National Bank

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Cayman National Corporation Ltd. (CSX: CNC) KY (“CNC”) announced today that, pending regulatory approval, Janet A. Hislop has been appointed President of the CNC’s banking subsidiary, Cayman National Bank Ltd. Ms. Hislop joins Cayman National from her 11 years as Chief Country Officer of Deutsche Bank (Cayman) Limited.  As President of Cayman National Bank, her […]

The Editor Speaks: Suckoo files motion to allow bank-to bank transactions

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I have to applaud Bodden Town MLA Alva Suckoo’s motion to enable local banks to settle transactions among themselves through electronic clearance. I have news for him, however. They already do. Except, the money disappears from your account but doesn’t get credited to the other account for three to four BUSINESS days. The banks use […]

Ogier advises Zedra on acquisition of Barclays’ Offshore Trust and Fiduciary Businesses

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From Ogier Ogier has advised an independent investor group led by the Sarikhani and Nielsen families on their acquisition of Barclays Bank plc’s offshore trust and fiduciary businesses in Cayman, Guernsey, Jersey, Isle of Man, Singapore and Switzerland. Those businesses, which have now begun trading under the brand name Zedra, currently have around 300 staff […]