12/02/2014
Bitcoin Fund Manager Faces HSBC Account Closure
The firm said it received a notice from HSBC indicating that the company's bank account would be closed in 60 days.
12/02/2014
A.M. Best has affirmed the financial strength rating of A and the issuer credit ratings of “a-” of Bahamas First General Insurance Company Limited and Cayman First Insurance Company Limited
12/01/2014
Registration is now open for the RICS Cayman Islands Property and Construction Conference that will be held on the 5 March 2015, at the Grand Cayman Marriott Beach Resort.
12/01/2014
Lloyds Banking Group’s insurance arm Scottish Widows has put its offshore investment and tax planning business up for sale in the latest sign that dealmaking in the sector is heating up.
12/01/2014
Heritage International Fund Services Malta Limited has been licensed by the Malta Financial Services Authority (MFSA) to provide depositary services compliant with the Alternative Investment Fund Managers Directive (AIFMD).
12/01/2014
Brevan, based in St. Helier on the island of Jersey, was started by Alan Howard in 2002
12/01/2014
Scottish Widows is considering the sale of offshore investment and tax planning business Clerical Medical International,
11/27/2014
Jersey Insurance Business Transfer Schemes
According to a report earlier this year published by Grant Thornton improved macroeconomic conditions in developed countries, allied to the availability of attractive financing options is having a positive effect on firms' appetite to re-enter the M
11/27/2014
Bailiwick Investments acquires ASG Group
Bailiwick Investments has bought Guernsey-based aviation company ASG Group.
11/27/2014
Malta has been coveted with Europe's Most Favoured Domicile award
The European Fund of Hedge Funds Awards remains the only signature event held exclusively for the European fund of hedge fund sector and as such continues to attract the top names from the industry.
11/27/2014
Deutsche agrees Bahamas port financing
Deutsche Bank has announced a €135mn loan agreement, financing a contract between Damen Shipyards and the government of the Bahamas for a fleet renewal and port facilities enhancement programme.
11/26/2014
Fund numbers in the British Virgin Islands remain steady
Fund numbers in the British Virgin Islands (“BVI”) remain steady in 2014 with 53 mutual fund licenses having been granted during the first half of 2014 according to statistics released by the BVI Financial Services Commission.
11/26/2014
Caribbean Association of Banks holds annual meeting in Grenada
Pinder called for the industry to be creative when developing solutions and to be actively supportive of necessary public/private partnerships.
11/26/2014
States of Guernsey to issue bond
The Treasury and Resources Department at the States of Guernsey has progressed preparations for the issuance of an inaugural States of Guernsey Bond. The States of Guernsey through its bookrunners Barcla
11/25/2014
RenaissanceRe Rolls Up Platinum Underwriters for $1.9 Billion
The deal values Platinum at $76 a share, 24 percent more than its closing price on Nov. 21, RenaissanceRe said in a statement today.
11/25/2014
BAHAMAS: Leading broker says time ripe for Nassau skyline
A leading real estate broker said today the time has come to recognize that Nassau is not a village, but a city and like all notable world cities, deserves a skyline.
11/25/2014
Traditional alts hubs squeezing out smaller players, survey finds
Speaking at the Association for the Luxembourg Fund Industry (ALFI) conference in Luxembourg, Stefan Jaecklin, head of the wealth & asset management practice in EMEA, presented the core findings from the three year study
11/24/2014
It is not by chance that The Bahamas is amongst the most successful international financial centres in the region today.
11/24/2014
The CIWG will also act as the BVCA’s representative
11/24/2014
Millionaire Brian Eaton hopes Tesco will set up shop in the Strand Shopping Centre for which he has just spent millions in cash to buy.