49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) - The stock market closed out a painful second quarter yesterday and left investors with heavy losses and far more doubts about the economy than they had just months ago.
Stocks had their worst quarterly performance since the financial ...
DATE: Jul 01, 2010
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The conditional merger agreement between Bermuda Commercial Bank Ltd.'s new owners and First Bermuda Group Ltd. has lapsed, the bank announced last night.
But talks aimed at achieving the merger will continue, BCB chairman Michael Collier confirmed.
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DATE: Jul 01, 2010
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AUTHOR:
Jonathan Kent
Business Bermuda has announced that Danielle Richards of Cedarbridge Academy and Jennifer Ross of Berkeley Institute have been chosen as the winners of its Most Outstanding Business Student Award.
"International business is one of Bermuda's most ess...
DATE: Jul 01, 2010
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ZURICH (Bloomberg) — Bermuda-based Catlin Group Ltd. is to join Amlin Plc and Endurance Specialty Holdings Ltd. in expanding in Switzerland to gain from proposed capital rules that may boost demand for reinsurance coverage in Europe.
Catlin, owner of...
DATE: Jul 01, 2010
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Bermuda is still perceived as a place to hide things by some in the American business community.
That is according to an anecdote relayed to delegates at the Bermuda Captive Conference yesterday by panellist Keith Ryan, vice-president, director of fi...
DATE: Jul 01, 2010
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AUTHOR:
Jonathan Kent
DEALTALK-Japan insurers to chase Asia deals to beat staid growth
+ China, India, SE Asia hot bed for investments-bankers
+ Life insurers have about $30 bln excess capital-analysts
+ M&A targets limited, deals may be pricey
+ Distribution joint ventur...
DATE: Jul 01, 2010
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UPDATE 1-AIG hires ex-Lehman lawyer as compliance head
+ DeMuro was Lehman's head of compliance, regulation
+ DeMuro to report to Russo, also formerly of Lehman
NEW YORK, June 29 (Reuters) - Bailed-out insurer American International Group Inc has hir...
DATE: Jul 01, 2010
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TORONTO (Reuters) - Toronto's main stock index bounced higher yesterday following two days of steep falls as investors scooped up cheaper shares after fears of a funding crisis for European banks eased and US data showed improved business activity.
A...
DATE: Jul 01, 2010
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WASHINGTON (AP) — A former top executive of American International Group Inc. acknowledged yesterday that his division more than tripled the amount of risky investments it insured in the three years leading up to the 2008 financial meltdown.
But Jose...
DATE: Jul 01, 2010
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Bermuda's captive market continues to hold its own on the global stage, according to the latest survey unveiled by the Bermuda Monetary Authority (BMA) yesterday.
The Captive Market Survey 2010, which looks at trends and insights into the industry, w...
DATE: Jul 01, 2010
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