3305 results returned for search: "" category "International Business"
Bermuda-based Ship Finance International Ltd. has announced the successful completion of $125 million senior convertible bonds due in 2016.
The bonds were marketed with an annual coupon range of 3.75 percent to 4.25 percent and with a conversion prem...
DATE: Feb 11, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff’s Ponzi scheme of doing an end run around the law in pursuing his case, and said it has a right to a jury trial.
The second-largest US bank ...
DATE: Feb 10, 2011
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CATEGORY:
International Business
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Bermuda Commercial Bank (BCB) will have access to investment management services from Canadian firm IceCap Asset Management Ltd after the signing of a global investment advisory agreement.
BCB, which is focused solely on commercial, corporate and pri...
DATE: Feb 10, 2011
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CATEGORY:
International Business
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Far from being “dead”, as is popularly believed, bank secrecy is actually still “vibrant”, according to the author of a new book on offshore “tax havens”.
In comments to OffshoreAlert, Nicholas Shaxson criticised the world’s major countries and the m...
DATE: Feb 10, 2011
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CATEGORY:
International Business
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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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