49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) - Primus Guaranty Ltd., the Bermuda-based company with $14 billion in credit-default swaps backing corporate and government debt, likely will not have to post collateral on its guarantees after regulators implement new rules for ...
DATE: Aug 13, 2010
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BP agrees to pay $50M for Texas refinery penalties
WASHINGTON (AP) -- Beleaguered oil giant BP has agreed to pay a record $50 million fine for failing to correct safety hazards at its Texas City oil refinery after a 2005 explosion killed 15 workers.
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DATE: Aug 13, 2010
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Exposure to a range of industries and the opportunity to network with some of the people at the top of their field were among some of the main considerations for students who took part in the Summer Internship Programme 2010.
Fourteen Bermudian unive...
DATE: Aug 13, 2010
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BC-BRITAIN-REPOSSESSIONS/CML (UPDATE 1)
UPDATE 1-UK lenders trim 2010 home repossession forecast
(Adds Ministry of Justice data, details)
LONDON, Aug 12 (Reuters) - Britain's lenders expect to repossess fewer homes this year than they had previously ...
DATE: Aug 13, 2010
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LONDON (Bloomberg) - A UniCredit SpA unit that invested $1.1 billion of client money in Bernard Madoff "feeder funds" is being probed for possible legal claims by the liquidator for the conman's business.
An ex-employee of Pioneer Alternative Investm...
DATE: Aug 13, 2010
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NEW YORK (Bloomberg) - American International Group Inc. (AIG) agreed to sell its consumer lender for less than one percent of the unit's $20 billion in assets to avoid the possibility that the business would sap US bailout funds, said three people w...
DATE: Aug 13, 2010
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A series of 10 percent stock dividend issues to Butterfield Bank shareholders during its years of soaring profits had the effect of boosting the value of senior management's stock options.
That is the view of one source with inside knowledge of the b...
DATE: Aug 13, 2010
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>The Butterfield Money Market Fund (BMMF) consistently performed better than its peers during the mid-2000s under its award-winning managers at Butterfield Asset Management (BAM). At its peak its assets under management ballooned to $8 billion.
But o...
DATE: Aug 13, 2010
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DETROIT (Reuters) – General Motors Co posted its biggest quarterly profit in six years yesterday and CEO Ed Whitacre stepped aside on the cusp of an IPO (initial public offering) expected to allow the US government to relinquish its majority stake.
W...
DATE: Aug 13, 2010
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BC-EU--Britain-Earns-Prudential,0139
Prudential trims botched AIA bid cost
LONDON (AP) -- Prudential PLC says it has cut the cost of its failed takeover bid for AIG Inc.'s Asian unit as it reported a strong half-year profit.
Prudential said Thursday ...
DATE: Aug 13, 2010
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