37 results returned for search: "" category "International Business" author Jonathan Kent
Somers Ltd, owner of the Bermuda Commercial Bank, is seeking to buy out London-based broker Westhouse Holdings PLC.
The Bermuda Stock Exchange-listed Somers already owns a 46.1 percent stake in Westhouse.
Somers, formerly known as Bermuda National Lt...
DATE: Nov 29, 2013
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Investors should not regard the handsome total returns from the bond market seen over the past three decades as normal, according to the CEO of Schroders’ US operations.
Karl Dasher, who is in Bermuda this week for talks with clients of the London-ba...
DATE: Nov 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermuda start-up.
The company, led by chief executive of...
DATE: Dec 06, 2012
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Yield-hungry investors are growing their appetite for emerging markets debt, as rock-bottom interest rates have led to paltry returns from bonds in the developed world.
Analysis from EPFR Global shows that emerging markets bond funds have seen net in...
DATE: Nov 19, 2012
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Indian Hotels has made a $1.86 billion bid to take over Bermuda-based Orient-Express Hotels.
The offer amounts to $12.63 per share, representing a premium of 40 percent over Orient-Express’s closing share price on Wednesday.
Indian Hotels, which is a...
DATE: Oct 19, 2012
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Bermuda-based Torus Insurance Holdings Ltd is set to buy its way into the Lloyd’s of London market after agreeing to purchase Broadgate, which underwrites through syndicate 1301, from Clal Insurance Enterprise Holdings.
Torus will retain Broadgate’s ...
DATE: Sep 21, 2011
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Fitch Ratings yesterday said it downgraded the short-term issuer default rating of Bermuda Commercial Bank by one notch to F3, because of “a moderate shift” towards higher-risk investments.
The ratings agency also affirmed BCB's individual rating at ...
DATE: Dec 24, 2010
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
