Gonzalo Jalles to join Harneys Services in Cayman Islands
Harneys is pleased to announce that Gonzalo Jalles, who has been CEO of Cayman Finance for the past two years, will join the firm as Head of Fiduciary and New Services in Cayman later this year. In this role, Gonzalo…
HSBC closes bank accounts of Muslim organisations
By Tim Worstall From Forbes HSBC has closed the UK bank accounts of a series of Muslim organisations and those associated with them. This is causing some uproar as they’ve not explained very well why they’ve done this. It is…
Bankers’ bonuses: Shareholders wary of making allowances
By Jamie Robertson, Presenter, BBC World News Bonuses are down but pay is accelerating for bankers in the fast lane Bankers’ bonuses are not what they were. Don’t get me wrong. They haven’t shrunk in any way. Far from it….
China manufacturing conditions fall to seven-month low
By Rob Wile From Business Insider China’s manufacturing conditions fell to a seven-month low of 48.3 in February, according to a flash reading from HSBC. Analysts expected a reading of 49.5, unchanged from January. Anything below 50 signals contraction. The…
NOT GOOD: Chinese Manufacturing Unexpectedly Contracts
By SAM RO From Business Insider China’s HSBC Flash Manufacturing PMI fell to a six-month low of 49.6 in January. This compares to a 50.5 in December. This was worse than the 50.3 economists were expecting. And any reading below…
