76382 results returned for search: "" category "Business"
Reflections on Christmas long ago — it was a very different time, a harder, but simpler living place.
At the age of seven, even viewed through a veil of scepticism about the existence of Santa Claus, Christmas was a very special time for our family....
DATE: Dec 21, 2013
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CATEGORY:
Personal Finance
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Bermuda Commercial Bank’s (BCB) chief operating officer (COO) Horst Finkbeiner left the organisation this month, The Royal Gazette has learned — just after the bank achieved record annual net income of $8.9 million.
Mr Finkbeiner, speaking about his...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Bermuda’s top US diplomat yesterday denied America was using Big Brother tactics to clamp down on tax dodgers.
US Consul General Robert Settje said that the Foreign Account Tax Compliance Act (FATCA) treaty signed with Bermuda — which requires annual...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A US firm that routed business through a Bermuda subsidiary to “fleece” clients out of millions of dollars of extra fees has coughed up more than $150 million in fines in America.
The Bermuda arm of ConvergEx, a leading transactions services provider...
DATE: Dec 20, 2013
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The value of Bermuda’s imports grew 9.4 percent to $258 million during the third quarter, and business services were also up by $4 million, The Department of Statistics’ balance of payments report stated.
Bermuda’s current account recorded a surplus...
DATE: Dec 20, 2013
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CATEGORY:
Economy
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Butterfield Bank presented The Salvation Army with a $5,003 donation with the proceeds of its staff Holiday Raffle ticket sales.
During December, Butterfield employees had the opportunity to purchase $1 raffle tickets for a chance to win prizes incl...
DATE: Dec 20, 2013
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CATEGORY:
Local Business
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Former Endurance Specialty chief risk officer Nicholas Campbell has joined Third Point Reinsurance Ltd.
Mr Campbell, a Bermudian, has joined the company in the role of senior vice-president, underwriting.
Third Point Re chief executive officer John ...
DATE: Dec 20, 2013
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CATEGORY:
Reinsurance
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Bermuda has won qualified jurisdiction status from the US National Association of Insurance Commissioners (NAIC).
The move means that reinsurers licensed and based in Bermuda will be eligible to be certified for reduced reinsurance collateral requir...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange closed at 1,203.50, up 12.40.
Argus Group Holdings Ltd traded with 425 shares changing hands at 4.69, which is 0.69 up on previous trading.
DATE: Dec 20, 2013
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CATEGORY:
Other
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France has removed Bermuda from its tax blacklist, Finance Minister Bob Richards said today.
The move came after high-level talks between French officials and Finance Ministry staff.
Mr Richards said: “I was impressed by the goodwill shown by French...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
