Hints and tips:
...Then a banner deal from Viridium to acquire a $20bn back-book from Zurich collapsed in January....
...The cause of the explosions, which took place in international waters in September 2022, has not been determined. Russia was initially suspected of sabotage but has denied responsibility....
...The documents also raise a broader question about whether international regimes to identify the beneficial owners of assets are fit for purpose....
...Companies were raising money to fund their international growth and increase their visibility in Europe, Ceccarelli added....
...This causes countless examples of unnecessary cost that inhibits business coming to London and affects our competitive position relative to the growing insurance centres in Bermuda, Zurich and Singapore....
...The accountancy firm’s work for Zurich-based GAM was part of an internal probe which examined the asset manager’s relationship with Greensill and led to the dismissal of one of its star fund managers....
...The nickname “Credit Saudi” is making its rounds in Zurich. But deep-pocketed Middle Eastern investors might be its best shot at forging a turnround....
...Fidelity International has launched a physical bitcoin exchange traded product in response to a growing demand for digital assets among European investors....
...They urged the International Maritime Organization, the UN shipping regulator, to take a harder line on countries accepting the oil....
...On Thursday night, the Bermuda-based company said that Chishti had “stepped down from his role as chairman, chief executive officer and director of Afiniti, effective immediately”....
...The Warhol is being offered without a guarantee from the Zurich foundation of the late siblings Thomas and Doris Ammann, to benefit children’s charities....
...The Bermuda-based technology group employs Cameron as chair of its advisory board....
...Cameron has served as chair of the board of advisers since 2019 at Bermuda-based Afiniti, which provides call centre technology to companies such as Sky and Virgin Media....
...Philipp Wehle, who had been chief executive of Credit Suisse’s international wealth management business since 2019, will become chief finance officer of the wealth management business....
...Olam International has bought US spice company Olde Thompson for almost $1bn as the Singapore-based agricultural trading house looks to list its food ingredient business....
...Elsewhere, a record 208 superyachts have been bought on the brokerage market for £1bn this year to May 17, more than the 131 a year earlier, according to luxury lifestyle publisher Boat International....
...The Hermitage fraud became an international cause célèbre after the death in custody of Mr Browder’s lawyer, Sergei Magnitsky....
...In the years leading up to the event, Jardines pulled out of its Hong Kong listing in favour of London and Singapore and moved its domicile to Bermuda....
...The Heathrow tests are not sufficient for entry into countries including Greece, Cyprus and Bermuda, all of which demand a negative result from a PCR test — polymerase chain reaction testing — carried out...
...He joins the Boston office from Advent International....
...With reporting by Sam Jones in Zurich...
...The $498bn Bermuda-based asset manager has submitted an application for a wholly foreign-owned enterprise (WFOE) mutual fund licence to the China Securities Regulatory Commission....
...Japan’s Sompo, which bought Bermuda-based Endurance for $6.3bn in 2016, has just reshuffled the management of its international business....
...Dan Loeb’s Third Point, specifically Third Point Reinsurance Ltd, was ready to be lucky....
...The Financial Conduct Authority struck a potential blow for the little guy on International Workers’ Day....
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