Bear Stearns can challenge an order to pay out $125 million to investors who were left high-and-dry by the collapse of Bermuda-administered Manhattan Investment Fund in 2000.
The New York broker conti...
Only days before the latest shooting in Bermuda, John Battersbee started the process of organising a new approach to dealing with the spiral of violence that has taken a number of young lives in recen...
A businessman who is vying to become a bulk cement supplier for the Island is appealing to new Minister for Works and Engineering Derrick Burgess to make available existing plans, designs and equipmen...
A new year and a new company structure - that's the intention of Argo Group International Holdings, the company that took shape in Bermuda earlier this year with the merging of Argonaut Group and the ...
Bacardi's executive vice president Ralph Morera is to double-up as chief financial officer as of January 1 following the announced resignation of current CFO Graham Hetherington, who has decided to le...
There are more Bermuda dollar notes and coins in circulation this holiday season than at the same time last year.
Infact, there is $7 million more cash in circulation after the Bermuda Monetary Author...
XL Capital's subsidiary XL Insurance (Bermuda) has appointed Mark Peeters as its new chief underwriting officer of its Bermuda-based professional lines business.
Mr. Peeters will take up his role at t...
A further major business organisation on the Island has added its congratulations to Premier Ewart Brown and the Progressive Labour Party in securing victory during last Tuesday's general election.
Th...
Bermuda Cement Company boss Jim Butterfield has agreed to sell his interest in the company to three new shareholders following negotiations with potential buyers.
The identity of the new shareholders ...
Storm clouds continue to gather above XL Capital, Bermuda's second biggest insurer and reinsurer, after one of the leading rating service company's placed a negative outlook on the company's financial...
