49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Reuters) – New US claims for jobless aid tumbled to a near two-year low last week, but a modest gain in industrial output and a third monthly drop in wholesale prices in June confirmed a slackening in the economy's recovery.
Other data ye...
DATE: Jul 16, 2010
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NEW YORK (AP) – JPMorgan Chase & Co. says its profit soared 77 percent in the second quarter as a slowdown in losses from failed loans helped offset a difficult spring in trading and investment banking.
JPMorgan Chase, the first of the big banks to r...
DATE: Jul 16, 2010
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HSBC Bermuda has been ranked Best Bank in Bermuda for 2010 for its outstanding achievement in the financial services industry in the Euromoney Awards for Excellence 2010.
Richard Moseley, deputy CEO of HSBC Bermuda, said: "Winning Best Bank in Bermud...
DATE: Jul 16, 2010
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NEW YORK (AP) - Stocks had a late-day turnaround and closed mixed yesterday on expectations that Goldman Sachs is settling the government's civil fraud charges.
As word spread that the Securities and Exchange Commission (SEC) had scheduled a late-aft...
DATE: Jul 16, 2010
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Suggestions that the yield was too generous on the Bermuda Government bonds sold this week have been described as "under-informed" by HSBC Bermuda chief executive officer Philip Butterfield.
HSBC managed the successful sale of the Global ten-year bon...
DATE: Jul 16, 2010
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AUTHOR:
Jonathan Kent
Dealing with extraordinary events and the role of Insurance-Linked Securities (ILS) has to play was the focus for a talk by a US-based professor at the ILS Summit held at the Fairmont Southampton yesterday.
Dr. Erwann Michel-Kerjan, managing director...
DATE: Jul 16, 2010
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First Bermuda Group has appointed Bermudian Jonathan Clipper as its new chief executive officer.
Mr. Clipper, who has broad international experience in banking, succeeds Jeff Conyers, who has been at the helm of FBG since its launch 20 years ago.
The...
DATE: Jul 16, 2010
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The value of Insurance Linked Securities (ILS) listed on the Bermuda Stock Exchange has risen above $1 billion for the first time after a record number of cat bonds were listed this year.
To date, the 10 cat bonds with a combined value of $1.174 bill...
DATE: Jul 16, 2010
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LONDON (AP) – Irish budget airline Ryanair said yesterday it has agreed to pay libel damages to the founder of rival carrier easyJet for falsely accusing him of suppressing reports about the company's performance.
Sir Stelios Haji-Ioannou sued Ryanai...
DATE: Jul 16, 2010
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Finance Minister Paula Cox has been presented with the Pathfinder Award in recognition of her leadership after overseeing Bermuda's signature of almost 24 tax information exchange agreements (TIEAs) with other jurisdictions.
Minister Cox is currently...
DATE: Jul 16, 2010
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