49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - American International Group Inc got a new slate of government-backed directors at a subdued annual meeting yesterday, effectively revamping its board after the insurer's $180 billion taxpayer bailout.
The meeting attracted far f...
DATE: Jul 01, 2009
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Digicel Limited today announced its intention to launch a private placement of US$160 million of senior notes due 2014. Digicel Limited is a Bermuda incorporated company owned by Mr. Denis O'Brien. The use of proceeds of this offering will be for gen...
DATE: Jul 01, 2009
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London-based insurance and reinsurance broker RFIB Holdings Ltd. has opened a new operating unit in Bermuda.
Headed by chief executive officer Nigel Clark, a veteran of the Island's insurance industry, RFIB Bermuda Ltd. is keen to make its mark in on...
DATE: Jul 01, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) - US investigators believe 10 or more people associated with imprisoned swindler Bernard Madoff could be criminally charged in the coming months or beyond, a law enforcement source said yesterday.
The source, who asked not be ident...
DATE: Jul 01, 2009
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LONDON (Reuters) - Britain froze $100 million linked to alleged swindler Allen Stanford within five hours of a request from the United States Department of Justice, anti-graft officials said yesterday.
The once high-flying billionaire and sports prom...
DATE: Jul 01, 2009
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LONDON - Britain's top share index shed one percent in the wake of weaker than expected consumer confidence figures in the US, with banks, miners and food retailers leading the fallers. The FTSE 100 closed at 4,249.21 points, down 44.82 or 1.04 perce...
DATE: Jul 01, 2009
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TORONTO (Reuters) - Toronto's main stock index capped off a sharp quarterly gain with a lower close yesterday as weighty financial shares tumbled on concerns about the prospects for a global economic recovery.
The TSX index's financial group, which a...
DATE: Jul 01, 2009
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Bermuda-based Catlin Group Ltd. has made a string of new appointments including electing Benjamin Meuli to the group's board of directors.
Mr. Meuli will also become Catlin's chief financial officer later this year following the departure of Christop...
DATE: Jul 01, 2009
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Butterfield Bank's preference shares continued their healthy trading on the Bermuda Stock Exchange Index (BSX) yesterday.
A total of 363 shares changed hands, as they held their value at $1,200 - a 20 percent gain on the $1,000 per share that investo...
DATE: Jul 01, 2009
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KeyTech Ltd. suffered a $4 million fall in profits during 2008/09 as the economic crisis began to take effect with customers changing their plans for the future.
Net income for the company slid to $10.6 million for the year ended March 31, 2009 from ...
DATE: Jul 01, 2009
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