49296 results returned for search: "" category ("Other" AND "Business")
Leading rating agency Standard & Poor?s yesterday assigned preliminary ratings to a $750 million shelf registration by Scottish Re.
S&P said the initial ratings had been set at ?BBB-? senior debt rating, ?BB+? subordinated debt rating, and ?BB? prefe...
DATE: Mar 02, 2004
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Bank of N.T. Butterfield & Sons Ltd. has announced that its Butterfield Money Market Fund Sterling Class has won an industry award from iMoneyNet.
The site, which is a leading provider of information about money market mutual funds, named the Butterf...
DATE: Mar 02, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday closed down 32.01 points to 3,278.05.
The Bank of Butterfield saw the highest volume of trading with 15,740 shares changing hands as the share price fell 75 cents to $44.75.
LOM (Holdings) Ltd....
DATE: Mar 02, 2004
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A third executive of a US firm has been charged with conspiracy to defraud and tax evasion by diverting millions of dollars to an offshore account in Bermuda an then through a “sham” Bermuda company, according to federal prosecutors.
The former chief...
DATE: Mar 02, 2004
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Presidential hopeful John Kerry, has been caught on the back foot again when it comes to his Bermuda-bashing tactics ? this time through a captive formed in Vermont.
Democrat Kerry, of Massachusetts, criticised the former governor of Vermont, Howard ...
DATE: Mar 02, 2004
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Working in an business environment with people who know how to be assertive can benefit both a company and those that work there, according to a leading trainer.
?One of the most effective, yet misunderstood, concepts for effective communication is t...
DATE: Mar 02, 2004
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Insurance veteran Jack Byrne has stepped down as chairman of Bermuda-based Montpelier Re.
In a press statement the company said Mr. Byrne was being replaced by CEO and chief underwriting officer Anthony Taylor.
Mr. Taylor will reportedly carry on as ...
DATE: Mar 02, 2004
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Over ten years after the failed Bermuda insurance company Mutual Re was put into run-off, creditors could be about to get their share of $1.3 billion in assets.
In one of the largest insolvency run-offs ever undertaken in the international insurance ...
DATE: Mar 01, 2004
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First Atlantic Commerce is suing Bank of Bermuda over an "ongoing" commercial dispute, and neither side would reveal details of the action.
FAC filed a writ in the Supreme Court on February 10 after it said all other methods of sorting the matter out...
DATE: Mar 01, 2004
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Bermuda insurance giant RenaissanceRe has become one of the first insurance companies in the world to have its ratings raised after the constant industry downgrades following September 11.
Standard & Poor's raised the East Broadway company's counterp...
DATE: Mar 01, 2004
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