3261 results returned for search: "" category ("International Business" AND "Business")
HSBC said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.
The action was brought ...
DATE: Jun 08, 2011
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CATEGORY:
International Business
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Jonathan Rowland, son of former UK Conservative party treasurer David, has launched his latest stock market venture a Bermuda-registered company which will invest in social media companies.
Mr Rowland, who is chairman of Jellybook, aims to raise £3 m...
DATE: Jun 07, 2011
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CATEGORY:
International Business
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Bermuda’s appeal to Canadian corporations as a base for their captive insurance companies has grown with the prospect of the tax information exchange agreement (TIEA) between the two countries coming into effect next month.
That was the clear conclus...
DATE: Jun 03, 2011
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CATEGORY:
International Business
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The Association of Bermuda International Companies (ABIC) has lent its support to Government’s efforts to maintain and create jobs in the international business sector.
In the Senate yesterday, Minister of the Economy Kim Wilson said that new positio...
DATE: Jun 03, 2011
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CATEGORY:
International Business
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Switzerland has fallen short of the internationally-agreed standard for tax transparency in a number of areas, according to the Organisation for Economic Co-operation and Development’s (OECD) peer review report released yesterday.
The OECD said in it...
DATE: Jun 02, 2011
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CATEGORY:
International Business
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The Organisation for Economic Co-operation and Development (OECD)’s Global Forum on Transparency and Exchange of Information for Tax Purposes held in Bermuda this week has been hailed as a success in the fight against international tax evasion and ba...
DATE: Jun 02, 2011
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CATEGORY:
International Business
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The Bermuda Monetary Authority (BMA) is looking for Bermudian graduates who want a career in financial regulation to take advantage of its graduate training programme (GTP) and the deadline to apply is today.
In a statement released yesterday, the BM...
DATE: May 31, 2011
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CATEGORY:
International Business
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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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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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