49296 results returned for search: "" category ("Other" AND "Business")
The US has its own tax havens onshore — with South Dakota, dubbed the “Bermuda of the prairies”, holding more than $120 billion in trusts for wealthy Americans.
The state altered its tax laws to end the duration of a trust to the lifetime of a living...
DATE: Jan 02, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Former Ace Global chief financial officer (CFO) Andrew Gibbs is joining the Bermuda Monetary Authority (BMA) as director, supervision (insurance).
For the past five years, Mr Gibbs was at Validus Holdings Ltd as executive vice-president, head of inte...
DATE: Jan 02, 2014
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CATEGORY:
Other
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The run-up to Christmas helped boost sales in the retail sector by 4.7 percent, the latest figures have revealed.
Shoppers spent a total of $87.7 million in November - with most of the major sectors seeing an increase in sales.
Only service stations...
DATE: Dec 30, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The value of companies listed on the Bermuda Stock Exchange hit $438 billion by the end of September.
The total market capitalisation of the exchange (BSX), excluding funds, was $437.8 billion, up by more than $6 billion on the previous quarter.
The ...
DATE: Dec 27, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Miracles. Christmas is the time for miracles. Not the ones you might dream about that might be earth shattering but rather the small ones that come from the relationships in families, friends and community. This time of year our level of consciousnes...
DATE: Dec 24, 2013
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CATEGORY:
Other
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Two Bermuda sister firms have teamed up to donate an $8,150 Christmas present to three Island charities.
Insurance brokers and risk managers Marsh and risk and reinsurance specialist Guy Carpenter presented cheques to the trio of charities yesterday....
DATE: Dec 24, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The troubled Coral Beach and Tennis Club has been taken over by US investors.
New York-based CBC 2013, a subsidiary of Three Wall Capital and ROC Group, has taken over the resort, just over a week after it came out of receivership.
Alan Kenders, CEO ...
DATE: Dec 22, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The troubled Coral Beach and Tennis Club has been taken over by US investors, The Royal Gazette can reveal.
New York-based CBC 2013, a subsidiary of Three Wall Capital and ROC Group, has taken over the resort, just over a week after it came out of r...
DATE: Dec 22, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda Commercial Bank’s (BCB) chief operating officer (COO) Horst Finkbeiner left the organisation this month, The Royal Gazette has learned — just after the bank achieved record annual net income of $8.9 million.
Mr Finkbeiner, speaking about his...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Bermuda’s top US diplomat yesterday denied America was using Big Brother tactics to clamp down on tax dodgers.
US Consul General Robert Settje said that the Foreign Account Tax Compliance Act (FATCA) treaty signed with Bermuda — which requires annual...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
