Butterfield expands and posts record profit
Royal Gazette

Butterfield Bank has agreed to buy Deutsche Banks banking businesses in the Cayman Islands, Jersey and Guernsey a deal that could increase its deposit base by about one fifth. The news came as the Bermudian-based bank...

Butterfield To Acquire Deutsche Bank’s Business
Bernews

The Bank of Butterfield today announced that it has entered into an agreement to acquire Deutsche Bank’s banking and custody business in the Cayman Islands, Jersey and Guernsey. The filing stated, “The...

Proven acquires securities dealer in Cayman
Jamaica Gleaner

Proven Investments Limited announced that it will acquire an unnamed securities dealer based in the Cayman Islands, which caters to rich clients.The details of the transaction are being withheld on request of the seller...

Proven targets Cayman
Jamaica Observer

Proven Investments Limited (ProvenJA) has entered an agreement to acquire 100 per cent of the common shares of a licensed securities dealer with offices in Cayman and throughout the Caribbean. The company, which was...

Bloomberg: ‘Shut Down Havens, Steal Business’
Bernews

“The U.S. is becoming one of the world’s best places to hide money,” according to a column by the Bloomberg View editorial board, which said that ”traditional havens as Bermuda and the Cayman...

Tortuga Rum Cakes — born in Cayman, grown in Jamaica
Jamaica Observer

A flu virus and a heart transplant are an unlikely combination to inspire something meaningful. But at Tortuga International Holdings Limited – the company that produces Tortuga Rum Cakes – it has helped to...

Recognition grows for Conyers
Royal Gazette

Conyers Dill amp Pearman has once again been recognised as a leading law firm by The Legal 500 2018 Caribbean, Asia-Pacific and UK directories. The firm has 40 ranked lawyers in Bermuda, up 18 per cent on a year ago, and...

Cayman Finance defends offshore operation after Paradise Papers leak
Jamaica Gleaner

The Cayman Islands, saying it has had to get used to "unfair and inaccurate" reporting about its global financial sector, is distancing itself from the leaked Paradise Papers, a set of confidential documents related to...

Artex acquires Cayman business
Royal Gazette

Artex Risk Solutions has acquired Cayman Islands-based Chandler Insurance Management. In a statement, Artex said Chandler brings to the company more than 20 years of captive insurance management experience in the Cayman...

Jamaica Producers to sell pineapples to Cayman, other markets
Jamaica Gleaner

Jamaica Producers Group Limited (JP), which is currently searching for a specialist farm manager for pineapple production, said it is now making headway on plans to expand markets for the fruit.Production yields are...

100 Women in Finance NextGen Cayman
Jamaica Observer

100 Women in Finance NextGen Cayman hosted its second annual NextGen Inspire, the popular annual career summit,on Thursday, October 19 at The Grand Cayman Marriott Beach Resort.

Artex Risk Solutions acquire Cayman business
Royal Gazette

Artex Risk Solutions has acquired Cayman Islands-based Chandler Insurance Management. In a statement, Artex said Chandler brings to the company more than 20 years of captive insurance management experience in the Cayman...

Butterfield to acquire Deutsche Bank’s GTS business
Trinidad Guardian

HAMILTON, Bermuda – Bermuda-based Butterfield Bank has announced it is to acquire Deutsche Bank’s Global Trust Solutions (GTS) business, excluding its operations in the United States. Terms of the agreement...

Butterfield to acquire Deutsche Bank’s GTS business
Trinidad Guardian

HAMILTON, Bermuda – Bermuda-based Butterfield Bank has announced it is to acquire Deutsche Bank’s Global Trust Solutions (GTS) business, excluding its operations in the United States. Terms of the agreement...

Steven Napier Joins EY Bermuda TAS Practice
Bernews

EY Bermuda Ltd. announced that Steven Napier has joined its Transaction Advisory Services [TAS] practice as an executive director in the Hamilton, Bermuda office. In this role, he will oversee valuation and business...

Flow Cayman head exits after short stint
Jamaica Gleaner

Garfield Sinclair, president of the Caribbean operations for Cable...

EY Named 2017 Accounting Firm Of The Year
Bernews

EY was recently honored as “Accounting Firm of the Year” at the Reactions North America Awards. David Brown, Senior Partner of EY Bermuda Ltd. and Regional Insurance Leader for Bermuda, Bahamas, the Cayman...

Conyers Band 1 Ranking For Offshore Trusts
Bernews

Conyers Dill & Pearman’s Bermuda and Cayman Islands Private Client & Trust practices have retained Band 1 ranking in Chambers & Partners’ High Net Worth Guide. Conyers remains the only offshore firm...

One Communications Release Unaudited Results
Bernews

In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd, reported unaudited results for the six months ended June 30, 2017. The filing stated: Financial Highlights for the six months ended June 30, 2017:...

Sterling Global Financial reassures 1,500 investors ‘no damage’
Nassau Guardian

With more than 1,500 investors around the world keeping an eye on their interests in The Bahamas, Sterling Global Financial today reassured them that all of its properties and investments in the country came through...

A.M. Best: Captives Strong Performance
Bernews

Captive insurers domiciled in Bermuda and the Cayman Islands that are rated by A.M. Best again posted financial results that were “profitable and in line with historical averages in 2016,” and “premium...

Ocean Terraces by Sterling actively on the market
Nassau Guardian

Ocean Terraces by Sterling – the prime property, which sits between the Caves Heights development and Sapodilla Restaurant, and which was finally brought back to life after almost 10 years in and out of litigation...

KPREIT pumps $576M in Jamaica, Cayman properties
Jamaica Observer

Kingston Properties Limited (KPREIT) has spent a total of $576 million on its most recent acquisitions in Jamaica and the Cayman Islands.The properties, purchased in January, are already yielding results for the company...

Slight revenue decline for Consolidated Water
Nassau Guardian

Consolidated Water (CW), the company responsible for much of The Bahamas' water supply through desalination plants, reported total revenues for the second quarter of 2017 at $15.3 million, which was slightly below the...

Pre-launch of JDCA
Jamaica Observer

The Jamaican Consulate in the Cayman Islands, under the auspices of Honorary Consul Dr Joseph Marzouca, hosted a reception for the pre-launch of the Jamaica Diaspora Cayman Association (JDCA) at the Luca Restaurant.The...

NCB Capital Markets partners to distribute US$150M Honduras banking group bond
Jamaica Observer

The Cayman subsidiary of NCB Capital Markets has partnered with Oppenheimer and Company (Opco) to become the Caribbean distributor of a US$150-million global bond raise for Invatlan, the largest financial services group...

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smith: Have you ever been hacked? Do you want to find out if your website, computer or network can be or has been hacked? Would you like to hack into a computer, website or network? What about social...

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