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Industry News

 

Below are the most recent articles published relating to the global Financial Services Industry. For Cayman specific news and articles please choose Cayman Finance News from the main menu. Past articles are available through the Archive section of the website.

 

CIMA Contributes to Red Cross Haiti Fund

Tue - 09 Mar 10 Written by CIMA
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Cayman Islands Monetary Authority (CIMA) Deputy Managing Director, Mr. Patrick Bodden (2nd from right) recently presented CI$1,120 dollars donated by staff to Mrs. Jondo Obi, Director of the Cayman Islands Red Cross,

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Butterfield strengthens

Fri - 05 Mar 10 Written by Caymanian Compass
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After announcing $550 million in new capital this week, Butterfield Bank (Cayman) Limited Managing Director Conor O’Dea has expressed enthusiasm and confidence in the group’s Cayman operation, as well as the franchise.

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HSBC applauds own performance after tough year

Fri - 05 Mar 10 Written by Cayman News Service
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Following the announcement of the bank's annual results on Monday, which revealed an underlying pre-tax profit of US$13.3 billion,

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Cayman Report Rejects Direct Taxation

Thu - 04 Mar 10 Written by Tax News.com
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An academic report examining the fiscal challenges facing the Cayman Islands has rejected the UK government’s recommendation that the Caymans should introduce direct taxation to solve its financial difficulties.

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Hedge funds in recovery

Thu - 04 Mar 10 Written by Cayman News Service
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Private equity and hedge funds that were hit by the storm of the financial meltdown are now benefiting from a return of bank financing, deals, and pockets of opportunity to exit investments.

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