76371 results returned for search: "" category "Business"
Bermuda Aviation Services (BAS) boosted its share price by 45 cents (7.56 percent) to close at $6.40 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
BAS saw 2,550 shares change hands, as did Butterfield Bank, which traded 300 share...
DATE: Dec 16, 2008
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NEW YORK (AP) - Investors sent stocks lower yesterday as anxiety over the growing list of firms affected by investment manager Bernard Madoff and the potential losses to the financial sector took center stage on Wall Street.
Investors also were nervo...
DATE: Dec 16, 2008
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Butterfield Bank has appointed Tonya Marshall as the new senior vice-president, general counsel and secretary to the board of directors.
Ms. Marshall replaces Peter Rodger, who retired from the bank last week after 31 years of service.
Robert Mulderi...
DATE: Dec 16, 2008
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Plastic surgery used to be the preserve of the rich and famous. But now more and more people are undergoing surgical procedures from facelifts and breast reductions to liposuction and tummy tucks.
And it is a trend Bruce Lattyak, consultant plastic a...
DATE: Dec 16, 2008
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Some Argus pension holders will see their retirement funds take a hit as a result of the alleged $50 billion fraud in the US that has sent shock waves through the financial world.
Argus revealed last night that its Argus Select Funds' Moderate Fund, ...
DATE: Dec 16, 2008
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Bermuda-based Aspen Insurance Holdings Ltd. has announced that its subsidiary, Aspen Insurance UK Ltd., is set to underwrite insurance in Australia after being authorised by the Australian Prudential Regulation Authority.
Aspen's Australian branch is...
DATE: Dec 16, 2008
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TORONTO (Bloomberg) - Canadian stocks fell, led by financial companies and energy producers, after a US manufacturing report fanned speculation that a deepening North American recession will cut profits.
Manulife Financial Corp. led insurers and bank...
DATE: Dec 16, 2008
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Bermuda-based insurer Ironshore yesterday announced it had acquired the assets of Canada-based Marine Re Inc.
Ironshore said the marine reinsurer's current management and staff will be retained under the leadership of chief executive officer Simon Ba...
DATE: Dec 16, 2008
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Bermuda may not be directly affected by exposure to investments managed by Bernard Madoff, but the hedge fund industry and the offshore world will suffer as a result of the scandal.
That is the view of Jon Heckscher, executive vice-president of LOM A...
DATE: Dec 16, 2008
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Bermuda leads the way when it comes to catastrophe modelling, but there is still some work to be done with documentation and governance procedures.
That is according to Matthew Elderfield, CEO of the Bermuda Monetary Authority (BMA), who was speaking...
DATE: Dec 16, 2008
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