490 results returned for search: "independence AND " category "Business"
Finance Minister Paula Cox last night defended Bermuda?s reputation as a leading financial centre, in the face of growing scrutiny from US regulators on business deals with Bermuda-based companies.
At the centre of regulator probes has been commercia...
DATE: Apr 08, 2005
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A controversial private holding company controlled by AIG's most powerful people - and holding some $15.8 billion in AIG shares - is no longer based at AIG's Bermuda office on Richmond Road.
Starr International Company (SICo) holds about 12 percent o...
DATE: Apr 04, 2005
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The attention of US regulators on Bermuda after probes into AIG's dealings with offshore reinsurers is something to watch closely, says one of the Island's leading businessman.
Chairman of the Association of Bermuda International Companies (ABIC) Dav...
DATE: Mar 31, 2005
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Government taking a lesser involvement in the Bermuda Monetary Authority's affairs would reduce the potential for compromise, according to an international report on the effectiveness of the Island's financial services sector regulation.
The call for...
DATE: Mar 16, 2005
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Key recommendations from the International Monetary Fund's review of Bermuda's financial service regulation and supervision:
REGULATION OF THE BANKING SECTOR:
Operational independence of the supervisor: Government should consider amending legislation...
DATE: Mar 16, 2005
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Bermuda?s business community yesterday said it was happy to see the some of the weight of the payroll tax burden shifted off small to medium-size business with Government?s announcement of a new tiered system to benefit smaller operators.
Indeed, the...
DATE: Feb 19, 2005
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STOCKHOLM (Bloomberg) ? Frontline Ltd., the world's biggest oil-tanker company, will give shareholders almost half of its stake in Ship Finance International Ltd., worth about $400 million, to promote trading in the stock.
Investors will get one Ship...
DATE: Jan 31, 2005
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The Bank of Bermuda got a resounding vote of confidence from HSBC's top bosses yesterday, with chairman Sir John Bond saying the banking giant had been strengthened through the acquisition.
HSBC, the world's second largest bank by market capitalisati...
DATE: Jan 29, 2005
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Governor Sir John Vereker last night backed the Island's Independence debate.
In an address to HSBC banking titans and Government leaders gathered for a power dinner last night, Sir John told board members they had made a good choice in coming to Ber...
DATE: Jan 28, 2005
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has joined Aurelia Research (Bermuda) Ltd. as general manager and director of business development.
Mr. Howard (pictured) joins Aurelia from the Bank of Bermuda, where he was previously head of private client services, Americas. Prior to that Mr. How...
DATE: Jan 21, 2005
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