76365 results returned for search: "" category "Business"
LONDON (Bloomberg) - Bermuda-based Alpha Prime Fund Ltd and Senator Fund SPC, two funds sued along with HSBC Holdings Plc by the trustee liquidating Bernard Madoff’s firm, filed so-called cross claims against HSBC to try to recoup damages they incurr...
DATE: May 30, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) - Investors in Fairfield Sentry Ltd., a feeder fund for Bernard Madoff’s Ponzi scheme, asked a judge to withhold approval from Irving Picard’s $4 billion settlement with bankrupt funds related to the Fairfield Greenwich Group, wh...
DATE: May 30, 2011
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CATEGORY:
International Business
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Watlington Waterworks Ltd rose 4.3 percent (50 cents) on The Bermuda Stock Exchange (BSX) last week.
The utilities company traded 2,000 shares to close at $12.
BF&M Ltd also climbed 0.7 percent (10 cents) to $14.60 with 500 shares changing hands.
Oth...
DATE: May 30, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s international business infrastructure makes it an ideal jurisdiction for managing funds.
That is the view of Daniel Tafur, who along with a fellow former Morgan Stanley portfolio manager Fabio Lopez Ceron, has set up a new independent asset...
DATE: May 30, 2011
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CATEGORY:
International Business
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The real estate market is showing signs of picking up again after a slow start to the year.
That is according to Frederica Forth-Anglies, president of Century 21 Bermuda Properties, who won a Centurion 2010 award from the parent company in recognitio...
DATE: May 27, 2011
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CATEGORY:
Local Business
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OSLO (Reuters) - A shipping magnate who founded several Bermuda-based companies said a US government lawsuit against his trading companies might be a bid to take revenge for oil major BP’s oil spill last year by targeting former BP traders who now wo...
DATE: May 27, 2011
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CATEGORY:
International Business
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LONDON / BANGALORE (Reuters) - Property and casualty insurers craving respite from a long-running drop in prices are eyeing the start of the US hurricane season next week in the hope that summer windstorms will finally turn the market.
The June 1 to ...
DATE: May 27, 2011
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CATEGORY:
Reinsurance
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The Royal Gazette / Bermuda Stock Exchange Index remained unchanged on 1,147.12 points yesterday, as no shares changed hands.
The BSX Insurance Index of the Island’s leading international re/insurance companies fell three points, or 0.3 percent, to c...
DATE: May 27, 2011
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CATEGORY:
Bermuda Stock Exchange
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Business Bermuda represented Bermuda’s fund industry at the Hedge Fund Re-domiciliation conference for Managers and Funds on Tuesday at the Hesperia London Victoria.
For the first time, Business Bermuda attended the day-long event to talk about the i...
DATE: May 27, 2011
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CATEGORY:
International Business
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The Listing Committee of the Bermuda Stock Exchange (BSX) has announced the approval of the listing of African Minerals (UK) Ltd notes due on February 12, 2013.
The notes constitute a $500 million dollar issuance under the BSX’s restricted marketing ...
DATE: May 27, 2011
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CATEGORY:
Bermuda Stock Exchange
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