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Butterfield completes acquisition of Deutsche Bank’s non-US trust business
Butterfield has completed its acquisition of Deutsche Bank’s Global Trust Solutions business outside of the US. The portfolio consists of some 1,000 trust structures for approximately 900 clients.
Three governance professionals launch new fiduciary services firm in Cayman
On the back of a growth in demand for quality fiduciary services, three experienced figures in the alternative investment industry have partnered to form a new licensed fiduciary services company in the Cayman Islands.
Estera strengths senior team with new hire
Estera, a global provider of fiduciary and administration services, continues to strengthen its workforce following a senior appointment. David Lambotte has joined as a director and his role encompasses the management and development of the group’s private client services.
Mourant Ozannes promotes Cayman lawyer to global partnership
Offshore law firm Mourant Ozannes has reinforced its Cayman Islands finance practice with the appointment of Chinyin Johnston to its global partnership. The firm has also appointed two new partners in its Jersey office, bringing the total number of partners at the firm to 60.
Cayman Finance explores creation of globally certified digital ID to leverage Fintech
Cayman Finance, the body that develops and promotes the Cayman Islands’ financial services industry, has formed a working group tasked with developing ways in which the benefits of Fintech can be embraced by the financial services industry by solving some of the challenges around regulation and transparency.
Cayman is already attracting blockchain entrepreneurs: Premier
The attributes that have made the Cayman Islands so attractive to the financial services sector – and the alternative investment space in particular – over the years will also ensure its relevance to the burgeoning financial technology space, the Hon. Alden McLaughlin, Premier of the Cayman Islands, told delegates at the 2018 Cayman Alternative Investment Summit.
Bitcoin is no bubble; it will revolutionise the concept of money
Bitcoin is here to stay, will increase in value and become increasingly important to the global financial system, Mark Yusko, CEO and CIO, Morgan Creek Capital Management, told delegates at the 2018 Cayman Alternative Investment Summit in a presentation called: Alternative Investments: predictions for a digital age.
EY adds new partner to Cayman team
EY Cayman has added a new partner. LaNishka Farrington-McSweeney has more than 17 years of audit and assurance experience in the financial services industry, including extensive expertise in the banking sector, anti-money laundering and regulatory issues.
Harneys recruits two into banking and finance unit
Harneys has hired Nicole Pineda as a partner and head of banking and finance in its Cayman office.
Genesis Trust makes two senior appointments
Genesis Trust & Corporate Services has made two appointments. Marcus Parker and Dawn Howe both joined the team in January.
