49296 results returned for search: "" category ("Other" AND "Business")
Earnings at Bermuda-based money manager W.P. Stewart & Co., Ltd. fell 14.2 percent in the third quarter, the company has reported.
The company ? which concentrates its investments in large, generally less cyclical, growth companies ? said it had net ...
DATE: Nov 03, 2003
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BADEN-BADEN, Germany ? XL Re Europe, the European unit of Bermuda-based reinsurer XL Re, expects recent downgrades of its competitors by ratings agencies to help the company win more business in 2004.
?For a number of years, AA or AAA was the sort of...
DATE: Nov 03, 2003
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The Royal Gazette/Bermuda Stock Exchange Index soared last week as the proposed sale of Bank of Bermuda pushed up the price of Bank of Butterfield shares by $4 - an 11 percent hike.
Bank of Butterfield closed the week on a 52-week high of $39.50 - it...
DATE: Nov 03, 2003
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The fight against white collar crime and money laundering is still going strong ? with new legislation in the pipeline to beef up the laws against both.
In the Throne Speech on Friday Governor Sir John Vereker said the powers of the Bermuda Monetary ...
DATE: Nov 03, 2003
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A sister company of Bermuda-based reinsurer Goshawk Re has been shut down after significant losses in the last two years.
Management of UK-based Goshawk Insurance Holdings said last week that its Lloyd?s of London operation, Syndicate 102, was being ...
DATE: Nov 03, 2003
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A disgruntled Bank of Bermuda investor has charged senior management with not acting in the best interest of shareholders following their decision to sell the Island?s largest financial institution to multinational HSBC for $1.3 billion in cash.
Jame...
DATE: Nov 03, 2003
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Fresh laws to crack down on financial crime are aimed at winning Washington?s approval, said Premier Alex Scott.
In the Throne Speech, Government promised a more robust approach to prosecuting white-collar crime by increasing the powers of the Bermud...
DATE: Nov 03, 2003
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In a bid to calm employee concerns following the announcement that the Bank of Bermuda could be sold to multinational HSBC, senior executives have hosted a round of staff meetings in Bermuda and will criss-cross the globe during the next two months t...
DATE: Nov 03, 2003
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A quiet day of trading saw Bank of Butterfield stock pushed up even higher by 40 cents to $39.50, a new 52-week high.
This in turn pushed The Royal Gazette/Bermuda Stock Exchange index up 9.68 points or 0.35 percent to finish at 2,770.86 on a volume ...
DATE: Nov 01, 2003
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NEW YORK (AP) ? Now we finally get a peek behind that $6,000 shower curtain.
Jurors in the trial over alleged executive looting at Tyco International Ltd. were shown a videotape this week of a lavish party thrown by former CEO L. Dennis Kozlowski for...
DATE: Nov 01, 2003
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