HSBC to begin rebranding UK branch network
By Sky News UK From Yahoo HSBC is to accelerate the renaming of its UK branch network, it has emerged just hours after Europe’s biggest lender committed to retaining its headquarters in London. Sky News understands that HSBC plans to…
New UK fund vehicle will give Cayman, Ireland and Luxembourg a run for their money
From COOConnect Fund managers have traditionally based their funds offshore to ensure they can distribute their funds to investors everywhere without worrying that the income and capital gains they generate might be taxed at a higher rate than their investors…
China Fishery : Provisional liquidators discharged and winding up petitions dismissed in Cayman Islands and Hong Kong
CHINA FISHERY GROUP LIMITED (Incorporated in the Cayman Islands) (“Company”) PROVISIONAL LIQUIDATORS DISCHARED AND WINDING UP PETITIONS DISMISSED IN CAYMAN ISLANDS AND HONG KONG The Company refers to the announcements made on 27 November 2015, 30 November 2015, 4 December…
Cayman Islands Provisional Liquidators to be terminated
Hong Kong, 25 January 2016: Pacific Andes International Holdings Limited (PAIH) announced today that its subsidiaries, China Fishery Group Limited (CFGL) and China Fishery International Limited (CFIL) have entered into a deed of undertaking with The Hong Kong and Shanghai…
Pacific Andes fails to dismiss KPMG in Cayman Islands hearing
From Undercurrent News The joint provisional liquidators (JPLs) from KPMG will continue in place at China Fishery Group in the Cayman Islands, after a hearing took place on Jan. 8. Pacific Andes International Holdings (PAIH) was successful in having the…
Court removes KPMG as provisional liquidators for Pacific Andes – next hearing Cayman Islands
By Tom Searman Undercurrentnews Hong Kong’s High Court has removed KPMG as provisional liquidators of Pacific Andes International Holdings subsidiary China Fishery Group, sources told Undercurrent News. This removal of KPMG, who were appointed after a filing from lender HSBC, means…
Butterfield is Bank of the Year
The Banker names Butterfield “Bank of the Year” in Bermuda and the Cayman Islands For Third Consecutive Year Hamilton, Bermuda and George Town, Grand Cayman—4 December 2015: International banking industry publication, The Banker, today named The Bank of N.T. Butterfield…
HSBC files for China Fishery winding up in Cayman Islands
From Undercurrent News China Fishery Group revealed on Monday that lender HSBC has also filed for a winding up order and the appointment of a provisional liquidator in the Cayman Islands, in addition to Hong Kong. In a stock exchange…
Transparency International calls for criminal investigation of HSBC by UK authorities
Transparency International calls for criminal investigation of HSBC by UK authorities Transparency International today called on authorities in the United Kingdom to begin a criminal investigation into HSBC in light of recent accusations against the bank. HSBC’s private bank has…
iNews Briefs
Ferguson shooting: Darren Wilson quits police force From BBC Darren Wilson insists he acted in accordance with the law US police officer Darren Wilson – who fatally shot unarmed black teenager Michael Brown, triggering nationwide riots – has resigned, his…