49296 results returned for search: "" category ("Other" AND "Business")
A Bermuda-based subsidiary of Doha Bank will be used to issue $500 million of senior debt bonds in the first quarter of 2011, according to Middle East publication AME Info.
The third largest bank in Qatar said in a statement following an Ordinary Gen...
DATE: Dec 29, 2010
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Bermuda-based Chartis has announced that it has entered into a reinsurance transaction with Lodestone Re, which will provide $450 million of protection to Chartis against US hurricanes and earthquakes.
“This represents a substantial increase from the...
DATE: Dec 29, 2010
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Bermuda’s alternative energy industry has really taken off over the past year with a big rise in the number of companies entering the market.
But the one constant has been PureNERGY Renewables, the sister company of Belco, which was formed two years ...
DATE: Dec 29, 2010
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LOS ANGELES (Bloomberg) Karl Motey, an independent consultant in California, pleaded guilty and agreed to cooperate with federal prosecutors in a widening US investigation of insider trading on Wall Street, which allegedly involved inside sources in ...
DATE: Dec 28, 2010
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Cable & Wireless Communications plc. (CWC) announced that it has signed a non-binding memorandum of understanding (MOU) with the Government of the Commonwealth of the Bahamas to acquire a 51 percent interest in the Bahamas Telecommunications Company ...
DATE: Dec 24, 2010
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Butterfield Bank held its sixth annual ‘Butterfield 411’ Student Networking Event at the Bermuda Society of Arts in City Hall.
The objectives of the Butterfield 411 are to create opportunities for local high school graduates and college/university st...
DATE: Dec 24, 2010
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NEW YORK (AP) Carnival Corp's fourth-quarter net income climbed 29 percent, the company reported yesterday, with revenue improving as an economic recovery allowed cruise operators to demand higher prices.
People are again feeling safe enough to plunk...
DATE: Dec 22, 2010
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Butterfield Bank has announced the appointment of Daniel Frumkin as executive vice-president and chief risk officer.
Mr Frumkin is a career banker with a depth of experience in risk management, credit and retail banking. He joins Butterfield after 21...
DATE: Dec 21, 2010
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2010 proved to be a tough year for Bermuda's local insurance market but one insurer has weathered the storm well and is looking to improve on its performance in 2011.
BF&M Ltd. reported an impressive set of financial results increasing its net earni...
DATE: Dec 20, 2010
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The Bermuda Monetary Authority has extended the transition period for insurers to ensure their companies are fully compliant with the Insurance Code of Conduct to July 1, 2011.
Subsequent to that date, the Authority will evaluate insurers’ compliance...
DATE: Dec 20, 2010
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