76292 results returned for search: "" category "Business"
WASHINGTON (AP) — US President Barack Obama stepped up his campaign against Wall Street yesterday with a far-reaching proposal for tougher regulation of the biggest banks.
"We have to get this done," Obama said at the White House. "If these folks wan...
DATE: Jan 22, 2010
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NEW YORK (Reuters) - Goldman Sachs Group Inc, which had been on track to pay employees a near-record amount, instead set aside nothing for compensation in the fourth quarter and gave $500 million to charity.
The move helped the Wall Street bank repor...
DATE: Jan 22, 2010
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Butterfield Bank’s common shares rose 4.28 percent (15 cents) to $3.65 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 200 shares during the day.
The only other traders were Bermuda Aviation Services Ltd. and West Hamilton Holdings Ltd...
DATE: Jan 22, 2010
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BEIJING (Bloomberg) — China's insurance companies posted 53.1 billion yuan ($7.8 billion) in combined profit last year as a stock-market rally boosted investment returns, according to the industry regulator.
Investment gains in 2009 totaled 214.2 bil...
DATE: Jan 22, 2010
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ATLANTA (Bloomberg) — Delta Air Lines Inc., the world's largest carrier, said its private-jet unit acquired closely held Segrave Aviation to reach more customers who want to fly on their own schedules.
Buying Kinston, North Carolina-based Segrave wil...
DATE: Jan 22, 2010
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LONDON (AP) — Standard Life Assurance Ltd. has been fined £2.45 million ($4 million) for misleading marketing of an investment fund, the Financial Service Authority said yesterday.
Some 98,000 people had invested in the company's Pension Sterling Fun...
DATE: Jan 21, 2010
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NEW YORK (Bloomberg) — Flagstone Reinsurance Holdings Ltd., the Bermuda-based company formed in response to the 2005 hurricane season, said it doesn't use a formula to calculate bonuses for top executives and will disclose more about the payouts this...
DATE: Jan 21, 2010
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BC-FINANCIAL-REGULATION/MASSACHUSETTS
SNAP ANALYSIS-Financial reform push shaken as Obama, Dodd confer
WASHINGTON (Reuters) - As Massachusetts voters handed Democrats a stunning setback, President Barack Obama and U.S. Senate Banking Committee Chairm...
DATE: Jan 21, 2010
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TORONTO (Reuters) - Toronto's main stock index ended lower yesterday on a broad retreat among heavyweight materials, energy and banking issues, as commodity prices tumbled on fears that bank lending curbs in China could slash demand.
Oil and gold pri...
DATE: Jan 21, 2010
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Capital G Bank Ltd. has announced the appointment of two new staff to its private banking division.
Greg Soares has joined as a senior private banker and Nancy Stevens as a private banker.
Mr. Soares brings a wealth of experience in private and corpo...
DATE: Jan 21, 2010
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