Log In

By Nathan Kowalski Detroit, the cradle of the American automobile manufacturing industry, recently filed for the largest municipal bankruptcy in US history. The filing listed more than 100,000 creditors. Detroit's budget deficit is believed to be mor...

Eduardo Fox, senior manager of corporate and commercial trusts at Appleby and leader of the BBDC’s LatAm Committee, chaired the event and moderated panel discussions on enterprise risk management and the importance of companies developing a comprehen...

The role of boards and of the directors who sit on them are in the spotlight next week when the Institute of Directors (IoD) with Capital G offer a course honing in on their duties and responsibilities. A IoD press release stated that the instructor...

TORONTO (Reuters) — Canada's main stock index slipped on Tuesday as a slump in shares of Potash Corp following disappointing results from rival fertiliser company Mosaic Co offset gains in gold-mining stocks. The Toronto Stock Exchange's S&P/TSX comp...

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of June 2013, they purchased for Treasury 415,297 common shares at an average price of $1.399 per share. In addition, in June the ...

XL Group plc announced this evening an approximate $135 million preliminary net loss estimate in the second quarter of 2013, relating to natural catastrophes, according to a press release from the re/insurer. XL Group plc, which is a global insurance...

KPMG in Bermuda has announced its 2013 Island Infrastructure Summit will take place September 22 to 24 in Miami, Florida, focusing on issues affecting island jurisdictions. This year’s summit will explore how island economies can use alternative fina...

New accounting proposals will result in “a new world for insurance”, says KPMG in Bermuda. The firm said in a statement yesterday that KPMG welcomes revised insurance accounting proposals, published today by the IASB, marking a major step towards mod...