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The men behind a Bermuda-registered financial-services firm have been charged by regulators in connection with an alleged $16 million fraud in the US. The Securities and Exchange Commission (SEC) claims six men involved with the Gerova Financial Grou...

NEW York (Bloomberg) - Bermuda-based financial services company Gerova Financial Group Ltd has sought US bankruptcy court protection, listing debt of as much as $500 million. The company, formerly known as Asia Special Situations Acquisition Corp, f...

Bermuda-based Gerova Financial Group’s merger with UK investment bank Seymour Pierce has been called off. New York-based broker dealer Ticonderoga Securities, which was also planning to join the three-way merger, said it too had terminated discussion...

Talks on a proposed merger between Bermuda-based Gerova Financial Group and UK investment bank Seymour Pierce are expected to be terminated within days, the UK press reported yesterday. Instead Keith Harris, Seymour Pierce’s chief executive, is expe...

Gerova Reinsurance Ltd. has won approval from regulator Bermuda Monetary Authority to establish a new life reinsurance operation on the Island. The company will be headed by Lou Hensley, chief executive officer of the reinsurer's parent Gerova Holdin...