49296 results returned for search: "" category ("Other" AND "Business")
Key recommendations from the International Monetary Fund's review of Bermuda's financial service regulation and supervision:
REGULATION OF THE BANKING SECTOR:
Operational independence of the supervisor: Government should consider amending legislation...
DATE: Mar 16, 2005
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Regulatory process is a key issue for Bermuda and the world, says Governor Sir John Vereker in an interview that appears in tomorrow's Bottom Line Magazine.
He said understanding the way that the international system expects the regulatory process an...
DATE: Mar 16, 2005
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Greg Wojciechowski, head of the Bermuda Stock Exchange, says a boost to the Investment Business Act last year gave the Island's regulatory body oversight powers for the BSX as strong as any other jurisdiction.
Mr. Wojciechowski spoke with after the I...
DATE: Mar 16, 2005
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The Royal Gazette/Bermuda Stock Exchange Index soared more than 100 points yestreday as trading returned with a vengeance.
The index gained 104.53 points, or 3.2 percent to close at a 52 week high of 3,367.95 on volume of 3,635 shares.
Leading the ch...
DATE: Mar 16, 2005
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Last year, as oil prices trended higher, there was a reasonable expectation that a downward adjustment was due in 2005 based on the forecast of a slowdown in economic growth.
Well, prices did fall substantially in the final two months of 2004, but re...
DATE: Mar 16, 2005
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LONDON (Reuters) ? The Lloyd's of London insurance market said it had agreed a settlement with six insurers over cover for its central fund, which will cut its 2004 pretax profit by 323 million ($621 million).
Lloyd's said Swiss Re, St Paul, Hannover...
DATE: Mar 15, 2005
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WASHINGTON (Dow Jones/AP) ? If a rising tide lifts all boats, then the marine shipping industry is certainly benefiting from a confluence of high demand for its services and a swelling initial public offering market.
The marine transportation industr...
DATE: Mar 15, 2005
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Canadian direct investment assets in top ten offshore financial centres and their rank in countries in which Canadian enterprises invested in 2003:
Country Investment (millions of $) Rank
Barbados 24,690 3
Ireland (Dublin) 18,226 4
Bermuda 10,845 6
C...
DATE: Mar 15, 2005
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Axis Capital Holdings Ltd. yesterday became the latest insurer to boost its dividend and announce a share repurchase programme.
Axis said it had increased its quarterly dividend 20 percent to 15 cents per shares and approved the additional repurchase...
DATE: Mar 15, 2005
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(Bloomberg) A lawyer for Tyco International Ltd. testified at the fraud trial of the company?s former chief executive and finance chief that she was never told about millions of dollars in forgiven loans for the two executives.
The statement by atto...
DATE: Mar 15, 2005
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