3261 results returned for search: "" category ("International Business" AND "Business")
NEW YORK (Bloomberg) - HSBC Holdings plc asked a judge to dismiss a $9 billion lawsuit by the trustee liquidating Bernard Madoff’s firm, saying he is not allowed by law to bring such cases on behalf of the confidence man’s former customers.
Irving Pi...
DATE: Jun 27, 2011
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CATEGORY:
International Business
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Twelve Bermuda-based account holders had a combined total of nearly $2 million in alleged fraudster Allen Stanford’s Antigua-licensed Stanford International Bank Ltd, according to a report by the online OffshoreAlert newsletter.
The article said the ...
DATE: Jun 27, 2011
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CATEGORY:
International Business
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Utilico Emerging Markets Ltd made a return of 21.4 percent per share in the year to March 31, 2011 despite tough economic conditions.
The Bermuda Stock Exchange (BSX) listed company’s total return was achieved by a diluted net asset value (NAV) per s...
DATE: Jun 24, 2011
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CATEGORY:
International Business
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AM Best Europe Rating Services Ltd has affirmed the financial strength rating of A- (excellent) and the issuer credit ratings of a- of Bermuda-based Through Transport Mutual Insurance Association Limited (TTB) and its subsidiary, the UK-based TT Club...
DATE: Jun 24, 2011
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CATEGORY:
International Business
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Bermuda can bolster its appeal as a tourism and business destination by focusing on the things it needs to do to become a “lovemark”.
That is the view of Kevin Roberts, worldwide chief executive officer of Saatchi & Saatchi, who was in Bermuda yester...
DATE: Jun 22, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) Geoffrey Stuart Pearson, the former chief executive officer of a Bermuda-based investment company at the centre of a fraud scandal, was sentenced to a year in prison for making misleading statements about its assets.
Pearson, 63, w...
DATE: Jun 21, 2011
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CATEGORY:
International Business
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Robert Mulderig has had a passion for flying since taking his first lesson at law school but it wasn't until this month that he realised his dream of owning a private jet company.
An investment group led by Mr Mulderig, who is chairman of Butterfield...
DATE: Jun 17, 2011
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CATEGORY:
International Business
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LONDON (Reuters) - Britain’s top banks will have to protect their retail businesses from investment banking activities after the government backed a plan to overhaul the industry and shield taxpayers from future losses.
Finance minister George Osborn...
DATE: Jun 16, 2011
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CATEGORY:
International Business
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Bermuda-based fund services provider Butterfield Fulcrum has announced that it has established a presence on the west coast of the US to be led by Brian Young.
Based in the Pacific northwest, Mr Young, a director of business development, will be res...
DATE: Jun 16, 2011
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CATEGORY:
International Business
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Bermuda could pick up a significant amount of business from Canadian companies looking to form new captives but there is not expected to be a mass exodus of existing companies from its main competitor Barbados.
That is the view of Jason Carne, partne...
DATE: Jun 08, 2011
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CATEGORY:
International Business
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