49296 results returned for search: "" category ("Other" AND "Business")
Preben Prebensen has resigned his position as chief investment officer of Bermuda-based Catlin Group Ltd. to become chief executive of Close Brother Bank Plc in London. Mr. Prebensen was formerly chief executive of Wellington Underwriting plc and joi...
DATE: Feb 10, 2009
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IBM customers will be able to take advantage of the latest technology on offer when the computer giant comes to Bermuda later this month.
The IBM Lotusphere, which was held in Orlando in January, will be hosted by BCS (IBM's Bermuda Agency) on Tuesda...
DATE: Feb 09, 2009
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LONDON (Bloomberg) - The UK will investigate payouts awarded to executives at banks bailed out by the government and plans to overhaul the way financial institutions are managed, Chancellor of the Exchequer Alistair Darling said.
"No-one who is assoc...
DATE: Feb 09, 2009
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NEW YORK (Bloomberg) - New York Insurance Superintendent Eric Dinallo proposed new regulations that would force insurance brokers to disclose fees they receive from carriers, a move welcomed by the industry's largest middlemen.
The proposal has been ...
DATE: Feb 09, 2009
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NEW YORK (AP) - Shoppers passed by the jewellery counter in January, delayed buying their favorite perfume and even skimped on buying clothes for their growing kids. If they looked at status handbags, they put them back on the shelf and walked away.
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DATE: Feb 09, 2009
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TORONTO (Reuters) - A move by the heads of some of Canada's biggest banks to give up millions of dollars in pay is a sign of things to come for Corporate Canada, faced with the dire state of the economy and markets.
The gesture, combined with indicat...
DATE: Feb 09, 2009
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NEW YORK (Reuters) - Investors are heavily betting the Obama administration's bank rescue plan, to be unveiled at noon today, will extend the stock market's rally into this week and bolster the fragile US economy.
The broad KBW Banks index surged nea...
DATE: Feb 09, 2009
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Businesses have been putting the finishing touches to their new offices at Victoria Place, with no fewer than four moving in since the start of the year.
Telecommunications company TeleBermuda International (TBI) was the first tenant to move in three...
DATE: Feb 09, 2009
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NEW YORK (Reuters) - Aon Corp, the largest global insurance brokerage by assets, said fourth-quarter net income fell sharply on restructuring and acquisition costs, but margins improved and earnings before special items beat Wall Street expectations,...
DATE: Feb 09, 2009
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NEW YORK (Reuters) - The US dollar and yen fell versus the euro on Friday after bleak US jobs data spurred hopes Congress will act quickly to pass a stimulus package to help the economy, reviving investor appetite for risk.
Wall Street stocks rallied...
DATE: Feb 09, 2009
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