49296 results returned for search: "" category ("Other" AND "Business")
PARIS (Reuters) - The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said yesterday.
He said such a tax would be in line with...
DATE: Nov 09, 2009
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Butterfield Bank has appointed Bradford Kopp as its new chief financial officer following the retirement of Richard Ferrett, with immediate effect.
The announcement was made on the Bermuda Stock Exchange yesterday.
DATE: Nov 09, 2009
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BCS, IBM's exclusive Bermuda agency, has become the only Cisco Partner in Bermuda to achieve the Cisco Silver Partner Certification.
This certification promotes BCS to the most highly certified Cisco Partner on the Island, with two Cisco Certified In...
DATE: Nov 09, 2009
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There were six climbers and seven decliners among domestic issuers on a busy and positive week of trading on the Bermuda Stock Exchange.
The broad trading activity sent The Royal Gazette / BSX Index up by 51.87 points, or 2.4 percent, to 2,125.83.
Th...
DATE: Nov 09, 2009
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NEW YORK, (Reuters) - AIG, the giant insurer bailed out by the US government, posted its second straight quarterly profit, helped by recovery in the value of its investments, but its underlying business remained weak and its shares fell.
"It is clear...
DATE: Nov 09, 2009
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NEW YORK (Bloomberg) — RenaissanceRe Holdings Ltd., the Bermuda-based reinsurer, was cut to "sell" from "buy" at Goldman Sachs Group Inc., which cited "a likely disappointing January renewal season".
DATE: Nov 09, 2009
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Bermuda-based offshore law firm Appleby has been named the winner of the inaugural Practical Law Company (PLC) Which Lawyer? Offshore Law Firm Super League 2009.
The award recognises the firm's ability to provide solutions for international companies...
DATE: Nov 09, 2009
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Bermuda is developing a deposit insurance scheme to protect consumers holding money in banks and deposit companies.
The move was announced in Friday's Throne Speech, which lays the out Government's forthcoming legislative programme.
It also outlined ...
DATE: Nov 09, 2009
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Bermuda-based re/insurer Arch Capital Group Ltd. said that its board authorised the company to invest up to an additional $1 billion in the company's common shares.
This authorisation is in addition to the $350.1 million available at September 30 und...
DATE: Nov 09, 2009
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The global economy is in recovery mode, but there are concerns about the extent to which global imbalances may compromise future prospects. We entered the recession, last year, with significant economic imbalances that had grown as a result of excess...
DATE: Nov 09, 2009
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