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Originally Posted by Mr.Fiction
More stable than the Caymans?
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Hell yea Mr F!!
Caymans are no longer a confidential banking region and in the same category as the Bahama's and some other Caribbean islands.
The US have been gunning for Cayman for years and even "kidnapped" a bank manager from Royal Bank of Canada who was travelling on route thru the US. They wanted him to open up his bank records :-) But let him go in the end and slapped some massive daily fine on RBC in New York for every day they failed to open their Cayman accounts. After X million of fines - they opened them. Since then, protections have been put in place:-)
Cayman was and still is probably near the top of the league for money movement, but lately that has decreased mainly because of the uncertainty.
Tho.. no doubt *any* international bank is fine as regards "safety" - but it may be more comfortable when that bank is in a better jurisdiction :-)