3081 results returned for search: "" category "International Business"
Bermuda-based fund administrator Butterfield Fulcrum Group has been acquired by two of its former managers, Glenn Henderson and Tim Calveley, partnered by private-equity firm BV Investment Partners.
BFG, which was part owned by Butterfield Bank and p...
DATE: Feb 10, 2011
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CATEGORY:
International Business
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ZURICH (Reuters) UBS expects to win more client money for its wealth management business in 2011 and sees a rebound in the investment banking division whose losses almost felled it in the financial crisis.
Switzerland’s biggest bank said it had seen ...
DATE: Feb 09, 2011
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CATEGORY:
International Business
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LONDON (Reuters) Britain saddled banks with an extra £800 million ($1.3 billion) in tax yesterday, drawing protests from the industry as talks between bosses and ministers over bonuses and lending come to a head.
Chancellor of the Exchequer (finance ...
DATE: Feb 09, 2011
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CATEGORY:
International Business
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Bermuda-based fund administrator Butterfield Fulcrum Group (BFG) adamantly denied media reports yesterday that suggested it was poised to be bought out by private-equity giant Carlyle Group.
Hedge-fund trade magazine HFM Week reported that Carlyle w...
DATE: Feb 08, 2011
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CATEGORY:
International Business
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Bermuda-based Brookfield Infrastructure Partners posted a big increase in fourth-quarter and full-year earnings due to a gain related to its merger with Prime Infrastructure in December.
The company, which reports in US dollars, said it earned $416 m...
DATE: Feb 07, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) - JPMorgan Chase & Co. (JPMC) sought to protect only its own investments even as it suspected Bernard Madoff of perpetrating a fraud, said the trustee liquidating the convicted conman’s financial-advisory firm.
JPMorgan had a “de...
DATE: Feb 07, 2011
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CATEGORY:
International Business
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MADRID (AFP) - Drinks maker Bacardi vowed on Friday to fight a Spanish court decision in favour of its French rival Pernod Ricard in a long-running dispute over the use of the Havana Club brand in Spain.
Bacardi said it was “disappointed” that Spain’...
DATE: Feb 07, 2011
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CATEGORY:
International Business
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Premier Paula Cox will be the guest speaker at Business Bermuda’s annual general meeting next month.
The event, which will be held at the Fairmont Hamilton Princess on Thursday, March 3, between 12pm and 3pm, has ‘A Gobal View’ theme and will focus o...
DATE: Feb 04, 2011
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CATEGORY:
International Business
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MADRID (Bloomberg) Pernod Ricard SA, the world’s second- biggest liquor maker, said it won a Spanish Supreme Court ruling in its decades-long battle with Bermuda-based Bacardi Ltd. over the rights to use the Havana Club name on rum within the country...
DATE: Feb 04, 2011
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CATEGORY:
International Business
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Bermuda-based Bacardi Ltd. has donated $100,000 in immediate relief to aid victims of the floods that have devastated Australia and Brazil.
The spirits company has given $50,000 to the Premier’s Disaster Relief Appeal fund to provide immediate emerge...
DATE: Feb 03, 2011
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CATEGORY:
International Business
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