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Jason Hayward says the recipients are the next generation of leaders

Manager Krzysztof Puciaty says there have only been a few updates over the years

The bank could step in to limit the flow of assets to places such as Bermuda unless controls are increased to protect pension savers

The bank’s share price fell by 48 cents to close at $38.62 on the New York Stock Exchange

The company requested to no longer participate in the rating process

Clarien says that over its lifespan, the scheme will save 298 barrels of oil from being burnt

Combined company will have $7.8 billion in assets under management

The transaction, which has been unanimously approved and recommended to its shareholders is expected to close in mid-2025

Seasoned Bermudian executive will also take on CEO role at Aspen Bermuda

The Bermuda-headquartered firm links up with the marine hull and machinery underwriter based in Greece and Cyprus