Managers of Wealth Offshore

Bank price dips 10.68%

Sixty-three Bermuda Press shares also traded to close at $6.50, the price also remaining the same.

Job seekers wanted by ‘Hello 2 Hired’ programme

Myles is convinced that Hello 2 Hired will help him do that. He noted that the event, which will run from 3pm to 7pm, will have 10 to 15 prospective employers “all coming with jobs”.

Apex Group brings private markets network to Cayman

Peter Hughes, founder and CEO of Apex Group, said access to relationships, information and investment opportunities is becoming more important in private markets.

Pelagos grows Q2 premium 6.4% as reinsurance drives expansion

Ceding commissions to Fidelis rose 11%, albeit offset in full by a negative booking on profit commission, Q2 Pelagos statements indicated.

Jersey recognised with Best IFC accolade at International Adviser Awards

This year is another significant year for Jersey as an IFC

KPMG urges Cayman to invest in housing, climate resilience and skills

KPMG also argues that island economies can achieve greater scale by collaborating on areas such as data, procurement, infrastructure expertise and access to capital.

Summer Signals: Six questions with Fairway’s team on the trends shaping client conversations

Many are seeking a more personalised relationship and greater flexibility than they feel is available through larger institutional providers.

Skipton International launches Limited Company Lending

Developed for intermediaries, the new lending option builds on Skipton International’s specialist experience in UK Buy-to-Let lending for expat and international customers.

Skipton International launches market-leading 4.25% offshore savings rate

Both bonds are available for deposits from £10,000 to £5 million.

Cayman-incorporated SPAC raises $105 million in Nasdaq IPO

ARC Group Securities Acquisition I was established to pursue a business combination and can consider targets in any industry, sector or geographic market.

MENA investors drive new demand for Cayman structures

For many investors in the region, however, access to capital comes with specific requirements.

Island aiming to help insurers do business in the US

Guernsey has taken a step towards making it easier for the island’s insurers and reinsurers to do business in the United States.

International Stock Exchange hits record number of listings

The total market value of listed securities has also reached a record, climbing 4.7% year-on-year to £813bn.

Eightpoint invests in long-term Cayman presence

The current project will upgrade and reconfigure Eightpoint Technologies’ offices in the building.

Cayman businesses face higher annual fees in 2027

The largest group of increases affects fees under the Companies Act.

Harneys advises Viking Acquisition Corp. II on US$230 million NYSE IPO

The IPO comprised 23,000,000 units, priced at US$10.00 per unit, including the full exercise of the underwriters' over-allotment option of 3,000,000 units, for gross proceeds of US$230 million.

Imperium acquires Midmar Capital to expand private markets services platform

The addition of Midmar Capital enhances Imperium’s ability to support managers at every stage of their lifecycle, from initial launch through to institutional scale

Mangrove Insurance expands reinsurance coverage

A statement noted: “As with its inaugural year treaty, Mangrove received substantial capacity from several of the largest and strongest reinsurers in the world.

Jersey Finance joins United Nations Global Compact

In doing so, Jersey Finance has joined a number of its own Member firms who are already benefitting from membership to this initiative, as well as over 25,000 participants worldwide.

Jamaica dominates Cayman’s US$326m remittance outflows

Higher household consumption and increased cross-border financial transactions also contributed to the trend.

AIM and Hedge Funds