49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Bloomberg) — Senate Banking Committee chairman Christopher Dodd said he will release his version of legislation to overhaul financial rules, signalling that talks on a compromise with Republican Bob Corker have collapsed.
Dodd, a Connecti...
DATE: Mar 12, 2010
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Bermuda-based Omega Insurance Holdings faces a shareholder vote today on major board changes that could see two Bermuda insurance veterans added to its directors.
Invesco, its largest shareholder, is seeking to remove chairman Walter Fiederowicz and ...
DATE: Mar 12, 2010
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AUTHOR:
Jonathan Kent
OMAHA, Nebraska (AP) — Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days.
Buffett, chairman and chief executive of the Omaha, N...
DATE: Mar 12, 2010
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RenaissanceRe Holdings Ltd. anticipates that claims from last month's Chile earthquake and European windstorm will be "material" - but the Bermuda reinsurer still expects to make a first-quarter profit.
Bermuda rival Platinum Underwriters last night ...
DATE: Mar 12, 2010
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AUTHOR:
Jonathan Kent
GENEVA (Bloomberg) — HSBC Holdings Plc's Swiss private bank said a former employee stole details on 15,000 existing accounts, as banking secrecy comes under growing pressure from nations keen to crack down on tax evasion.
An information technology wo...
DATE: Mar 12, 2010
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LONDON (Bloomberg) — Old Mutual Plc, the biggest insurer in Africa, may sell some US assets to reduce debt after posting a loss for 2009.
The insurer is "exploring" the sale of its US life business and plans to complete an initial public offering of ...
DATE: Mar 12, 2010
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TORONTO (Reuters) - Toronto's main stock index eked out a small gain yesterday, closing higher for a second straight session, lifted by strength in financials and gold miners.
The financial sector rose 0.4 percent, with Bank of Montreal up 0.4 percen...
DATE: Mar 12, 2010
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Conyers Dill & Pearman has been named one of the world's best offshore law firms by legal rating agency Chambers & Partners.
In the annual Chambers Global Guide, which was released last week, Conyers was also once again named as the best corporate la...
DATE: Mar 12, 2010
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Appleby announced yesterday that five new partners have joined the firm.
All the new recruits have been hired from rival offshore specialists and will be based in Appleby offices outside Bermuda.
Appleby was ranked as the world's No. 1 offshore law f...
DATE: Mar 12, 2010
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BEIJING (AP) — China has tightened controls on pay for its top bankers, becoming the latest country to try to reduce financial risks by linking management of risk more closely to compensation.
Banks must withhold at least 40 percent of bonuses for to...
DATE: Mar 12, 2010
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