UWI, Mona Team achieved their third consecutive win in the UWI/ FirstCaribbean International Bank (FCIB) Case Analysis Competition held on June 2, 2009 at Mona. The Competition which began in 2007 as a part of the strategic alliances forged between UWI and the private sector is designed to improve the analytical, oratory and presentation skills of participating tertiary students in business case analysis. For this year the teams' task was to analyse the vehicle used for the merger of Barclay’s Bank and CIBC, the impact on minority shareholders, the consolidation of financial statements, the treatment of goodwill, uniting banking and accounting systems, and the challenges presented by staffing and transitioning.

The Mona Team was awarded US$1500 for first place and was also awarded US$500 having been voted Most Original Case Analysis. Tifain Taylor of the UWI, Mona team also walked away with the Best Overall Presenter Prize and US$500. Other member of the Mona Team included, Mechar Alam, who won the Team Spirit prize, Tenneil Rashford and Sherica Lewars.

Second place went to the UWI, Cave Hill Team and was awarded US$750. Cave Hill also won the prize for the Best Case Analysis and received US$500. The UWI, St. Augustine Team placed third in the Competition and was awarded US $500. New comers to the Competition University of Technology (UTech) Jamaica and University of Southern Caribbean (Trinidad) were also presented with gifts from FirstCaribbean International Bank for their participation in the Competition.

'Team Spirit Prizes' were awarded to one member of each team. They were won by Donrick Slocombe, UWI, Cave Hill, Jiselle Alexander, UWI, St Augustine, Jason Allen, University of Technology and Kevon Thomas, University of Southern Caribbean.

The Cases are prepared under the UWI/ FCIB initiative with a focus on the Barclays-CIBC 2001 merger and are published and circulated internationally.