Maine to join states out to recoup lost revenue from offshore tax havens
By Elaine S. Povich, Stateline.org From Bangor Daily News Some states are going after multinational corporations that avoid state taxes by stashing some of their earnings in offshore tax havens, an effort aimed at recouping some of the more than…
A look back at the life of Sir Richard Ground
From Bernews Sir Richard Ground was born on December 17, 1949 in Stamford, England and educated at Oakham School in Rutland; Lincoln College, Oxford; and the Inns of Court School of Law. He won an open scholarship to Oxford in…
The Offshore Top 30, 2014: The byteback begins
By Joanne Harris From The Lawyer After the activity lull last year, offshore firms have regrouped and come out fighting with state-of-the-art technology that takes client service to a new level After a year of substantial change in the offshore…
It’s steady as she goes as M&A rises offshore
By Joanne Harris From Appleby Offshore M&A seems to be returning to steady growth, and as Appleby chair Frances Woo points out, the lack of dramatic movement is a good thing. As our upcoming offshore survey will show, the mood among…
Why pension funds are finding Bermuda captivating
By Ashley Fife From APPLEBY Bermuda is becoming increasingly attractive as a place to invest pension assets, manage the risks associated with funding pensions, and to carry on a pension trustee business. In the first instance, pension trustees’ investments in…
Opening Sochi Winter Games
Cayman team wear shorts and flip-flops at Opening Sochi Winter Games The Cayman Islands caused a big laugh when they made their appearance at Sochi 2014 Winter Olympics at the Opening Ceremony. Whilst Bermuda had appeared first in the stadium…
Industrial union members march as Bermuda hotel sackings row escalates
From Caribbean360 HAMILTON, Bermuda, Thursday February 6, 2014, CMC – The powerful Bermuda Industrial Union (BIU) Wednesday staged a massive show of strength in the capital support of 10 workers sacked by an historic hotel here last week. The dispute…
Casinos could make Bermuda more ‘exciting’ says tourism minister
From Caribbean360 Tourism Minister Shawn Crockwell said the One Bermuda Alliance government plans to legalise gaming were a “gargantuan” step that would redefine Bermuda and help the island rebrand and reposition itself in the tourism market. HAMILTON, Bermuda, Wednesday February…
Coco Reef owner John Jefferis named Caribbean Entrepreneur of the Year
From bermudawired Bermudian hotelier John Jefferis has been named by the International Caribbean World Awards as “Entrepreneur of the Year,” for his exceptional contribution to the travel and tourism industry and for his innovative and creative business skills. Along with…
Butterfield receives three Citywealth Financial Centre awards
By James Qualtrough From Guernsey isle News Butterfield (comprising Bermuda-based The Bank of N.T. Butterfield & Son Limited and its international subsidiaries) has received three Financial Centre Awards from Citywealth, the UK-based publisher of wealth-management industry news and directories. Butterfield…