77143 results returned for search: "" category "Business"
American International Group has agreed to accept $905 million from Brookfield Asset Management to resolve a dispute tied to interest-rate swaps.
Brookfield, Canada’s largest alternative-asset manager, said the payment will terminate the swaps and br...
DATE: Aug 26, 2013
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CATEGORY:
International Business
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by Rebecca Zuill
SHL Capital Ltd (SHL) today announced the launch of Greenseed Alternative Managers Platform Ltd. (Greenseed or the Platform), a Bermuda segregated accounts company designed to provide investment managers with a simple, quick and cost...
DATE: Aug 26, 2013
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CATEGORY:
Local Business
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Deloitte has announced the merger of its Bermuda, British Virgin Islands and US Virgin Islands offices effective today.
The firm said in a statement that “professional staff will continue to have employment opportunities, with few redundancies expect...
DATE: Aug 26, 2013
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CATEGORY:
Local Business
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Dear Dave,
My husband and I would like to buy a home in the next year or so. My credit is in pretty bad shape, so we’ve decided to work on getting his credit in better shape in order to qualify for a mortgage loan. I have $104,000 in debt, and $92,00...
DATE: Aug 24, 2013
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CATEGORY:
Other
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The Regulatory Authority has declared that in order to promote competition, all mobile operators must cooperate to implement mobile number portability by March 3, 2014.
In other words each operator shall be able both to export and to import mobile nu...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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Trading in shares of more than 3,000 US companies listed by NASDAQ, including Google, Apple and Microsoft, was abruptly halted shortly after midday yesterday because of a technical problem.
All traffic through NASDAQ stopped at 3.14pm Bermuda time, t...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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Assured Guaranty and JP Morgan Chase & Co. agreed to settle lawsuits filed by the bond insurer accusing the bank’s EMC Mortgage and Bear Stearns units of making misrepresentations about mortgage-backed securities.
Assured Guaranty Corp., a New York-b...
DATE: Aug 23, 2013
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CATEGORY:
International Business
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More than a third of the world’s top 50 reinsurers are based in Bermuda or have a major operation here.
PartnerRe is listed as the tenth largest reinsurer globally in terms of gross premiums written.
AM Best’s latest list of the Top 50 Reinsurers 201...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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The Bermuda Stock Exchange was busy today with five movers, and it closed down 13.16 finishing at 1,141.30
The 1.15 percent decline was the result of a day that saw Bank of NT Butterfield Ltd move 47,129 selling at 1.37, down 0.03 cents or 2.1 percen...
DATE: Aug 23, 2013
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CATEGORY:
Local Business
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Bermuda has one of the highest rates of road traffic accident fatalities in the world, given the size of its population.
Although it is illegal to drink and drive, drive at speeds in excess of 35 km per hour, and fail to wear a seatbelt, these are s...
DATE: Aug 22, 2013
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CATEGORY:
Local Business
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