12/02/2015
The Trust Licence, which is issued by The Cayman Islands Monetary Authority, enables Hawksford Services Cayman Limited to provide a full range of trust services to private and corporate clients.
12/02/2015
Guardian Holdings Ltd has been notified by the National Commercial Bank Jamaica Ltd. that NCBJ has agreed to purchase 29.9% stake in GHL.
12/01/2015
Offshore yuan jumps on suspected intervention
The offshore market, not regulated by the central bank, is continuing to price in a devaluation of the yuan, leaving the regulator to manipulate expectations
12/01/2015
The authors note their paper provides “an assessment of the potential benefits and costs of holding bitcoins as part of the portfolio of international reserves using the case of Barbados.
11/30/2015
Luxembourg ‘blocking’ money market reform
The reforms are being proposed to avoid investor runs in a crisis, but industry figures say the changes would be detrimental to Luxembourg’s money market fund sector.
11/30/2015
Major New Business Events Headed for Bermuda in 2016
These are both big-name events that will serve to heighten Bermuda’s profile as an international financial centre
11/26/2015
Peel Hunt acted as sole sponsor, financial adviser, bookrunner and corporate broker.
11/26/2015
Meanwhile, the Fund has also just achieved a ‘4 Star’ rating by Morningstar judged by its performance over the past three years.
11/26/2015
With this new market, GraceKennedy Money Services now represents Western Union in ten countries across the Caribbean
11/25/2015
Bermuda: Virtual Currency In Bermuda: One "Bit" At A Time
Many people in Bermuda will now have heard of virtual currencies, most likely in conjunction with "Bitcoin".
11/25/2015
Western Union, which has been closed for four months, reopened through Jamaica-based GraceKennedy Remittance Services Ltd.
11/24/2015
J.P. Morgan Bankers on Why China Tech M&A Is Hot
Ctrip.com International Ltd. and Qunar Cayman Islands Ltd., agreed on a tie-up through a share swap deal.
11/24/2015
Fullgoal selects Deutsche Bank as custodian
The fund will initially comprise four sub-funds with four asset classes per sub-fund investing in Chinese equity and fixed income.
11/23/2015
Insurance-linked securities market seeks growth outlets
Fund valuations and investor communication and reporting are becoming more vital.
11/23/2015
CISE introduces the SPAC as a new product
New rules have been introduced which allow Special Purpose Acquisition Companies (SPACs) to be listed on the Channel Islands Securities Exchange (CISE). A SPAC is a cash shell which is used to raise money for a very specific investment objective.
11/19/2015
The fund is primarily backed by sovereign and institutional funds supported by entrepreneurs and family offices from more than 18 markets.
11/17/2015
Critics pounce on hedge funds managed by Florida lawmaker
The funds — two based in the Cayman Islands and another in Delaware — are administered by two U.S. LLCs that he also owns.
11/16/2015
Discretionary fund manager brings in a strategic investor to drive future growth
This investment comes at a time of significant new client opportunities presented by the retail distribution review ‘RDR’ type regulatory changes in almost all of the regions in which we operate.
11/16/2015
Senior Management Changes At JTC Guernsey
Adam who joined JTC in 2015 following the acquisition of Kleinwort Benson’s fund administration business, will have cross-jurisdictiona responsibilities.
11/12/2015
Peregrine is looking for a bolt-on acquisition to bolster its wealth manager Citadel.