49296 results returned for search: "" category ("Other" AND "Business")
Butterfield Bank has been named Best Local Private Bank in the Caribbean and Best Local Private Bank in Bermuda by Euromoney magazine.
These two awards mark the first time Butterfield Bank has won a 'Best in Region' category from Euromoney, but follo...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
Scottish Re Group Ltd. has appointed David Carrick as senior vice-president and group controller.
The appointment was made effective January 1, 2008., and Mr. Carrick, who is based at the company's headquarters in Hamilton, will report to Terry Eleft...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) - A volatile Wall Street advanced yesterday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is close to buying struggling mortgage lender Countrywide Financial Corp.
After seesaw...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
Leading global banking investment firm Goldman Sachs has advised investors to put their money into three top insurance companies based in Bermuda.
Goldman told them to own insurers that are best positioned to weather the downturn in the industry's cy...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
Investors who bought shares in Bermuda company Security Capital Assurance Ltd. (SCA) last June have joined two class action complaints, in which XL Insurance Ltd. is named as one of the defendants.
The actions concern SCA shares worth $300 million, w...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
LONDON (Reuters) - Growing risks posed by climate change are powering a surge in the sale of disaster insurance bonds, with the market forecast to grow in 2008 despite turbulence elsewhere in the credit market.
While the bottom fell out of the rest o...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged yesterday, but its president Jean-Claude Trichet said policy is certainly not neutral and the ECB is ready to take pre-emptive action against inflation if needed.
The ECB's...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) - Blackstone Group LP will spend as much as $930 million for GSO Capital Partners LP, a hedge fund that helps finance private equity buyouts and manages debt investments, the New York-based private equity firm said yesterday.
Blackstone...
DATE: Jan 11, 2008
|
CATEGORY:
Other
|
Bermuda reinsurance company IPC Holdings Ltd. this week declared a preferred dividend of $0.475781 per Series A Mandatory Convertible preferred share, payable on February 15, 2008 to preferred shareholders of record on January 31, 2008.
In addition, ...
DATE: Jan 10, 2008
|
CATEGORY:
Other
|
Offering insurance to cover companies against asbestos-related liabilities is the purpose of newly launched Bermuda company St. George Re Ltd.
According to the US Chamber of Commerce, legacy asbestos risk has cost American companies an estimated $70 ...
DATE: Jan 10, 2008
|
CATEGORY:
Other
|
