75993 results returned for search: "" category "Business"
Buoyed by the success of their 2010 Voluntary Disclosure Initiative the Internal Revenue Service announced on February 8, 2011 a Special Voluntary Disclosure Initiative designed to bring offshore funds back into the United States tax net and to assis...
DATE: Mar 22, 2011
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CATEGORY:
Other
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Former Premier Sir John Swan and HSBC Bermuda CEO Philip Butterfield will be among some of the businessmen put up for an online charity auction lunch launched this week.
They will be joined in the line up by Brian Duperreault, president and CEO of Ma...
DATE: Mar 22, 2011
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CATEGORY:
Other
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The Ascendant Group Ltd climbed 1.71 percent (24 percent) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company traded 1,010 shares to close at $14.25.
Butterfield Bank also endured a busy day, with 1,033 preference shares changing han...
DATE: Mar 22, 2011
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CATEGORY:
Bermuda Stock Exchange
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An entrepreneur is using art as a medium to help business people relax, team bond and get in touch with their creative side.
Doris Wade, owner of X-Clue-Sive Creations, will be holding a grand opening of her visual arts centre at 135 Front Street in ...
DATE: Mar 22, 2011
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CATEGORY:
Local Business
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Around 70 people from 24 countries have been flying into Bermuda for this week’s Americas’ Central Securities Depositories Association’s General Assembly, hosted by the Bermuda Stock Exchange.
The event will be officially opened by the Premier Paula...
DATE: Mar 22, 2011
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CATEGORY:
Other
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Bermuda-based insurer Majestic Capital Ltd and its subsidiaries expects to file for bankruptcy in Bermuda and the US after its proposed merger with private-equity Bayside Capital Partners fell through. Bayside cited a material deterioration in Majest...
DATE: Mar 22, 2011
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CATEGORY:
Reinsurance
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WASHINGTON (Reuters) - American workers are more pessimistic about their retirement outlook than at any other time in the last two decades, the Employee Benefit Research Institute reported.
In its annual Retirement Confidence Survey, it found that wo...
DATE: Mar 22, 2011
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CATEGORY:
Bermuda Works
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John Portelli
Age: 34
Role: Investment adviser, LOM Securities (Bermuda) Ltd.
What is your job? To create, implement and manage a financial plan according a client's needs and objectives.
What is your favourite part of the job? Working with people a...
DATE: Mar 22, 2011
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CATEGORY:
Bermuda Works
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Axis Capital Holdings Ltd has estimated losses of $275 million to $315 million from the New Zealand earthquake and catastrophes in Australia.
The insurer expects the New Zealand earthquake losses to be between $185 million and $215 million and the Au...
DATE: Mar 22, 2011
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CATEGORY:
Reinsurance
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VIENNA (Bloomberg) - HSBC Holdings plc, Europe’s biggest lender, was warned twice by auditors that entrusting as much as $8 billion in client funds to Bernard Madoff opened it up to “fraud and operational risks”.
KPMG LLP told the London-based bank a...
DATE: Mar 21, 2011
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CATEGORY:
International Business
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