Northstar sets up in the Dubai International Finance Centre
Bermuda-based Northstar Financial Services has opened an office in the Dubai International Financial Centre (DIFC) and appointed Sanjeev Chowdhury as principal representative.
Bermuda
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Top 50 US firms stashing $1.3trn offshore, says Oxfam
The 50 biggest US corporations have more than a trillion dollars hidden offshore, according to a new report published by Oxfam on Thursday.
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AIMA launches Bermuda network
The Alternative Investment Management Association (Aima), the global representative body for alternative asset managers, is to establish a new voluntary network in Bermuda.
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AIFMD passport inclusion decision expected by June – CIMA
The Cayman Islands Monetary Authority (CIMA) said it is confident the European Securities and Markets Authority (ESMA) would complete its assessment of a second wave of nations for inclusion into the AIFMD passport system by June 30.
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Northstar appoints head of distribution
Bermuda-based Northstar Financial Services has appointed Alejandro Moreno to its newly created role of head of distribution.
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Blacklisted nations slam EU over ‘unacceptable’ tax haven register
The Organisation for Economic Cooperation and Development (OECD) has spearheaded complaints from a host of countries disputing their “arbitrary” inclusion on a list of tax havens released by the European Commission last week.
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Northstar appoint senior vice
Bermuda-based insurer Northstar has appointed a senior vice president to its sales team.
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Northstar adds two products
Bermuda-based annuity and life insurance company, Northstar, has launched two new products.
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Clarien appoints director for LatAm expansion
Clarien Bank has appointed an independent director to oversee its growth and strategic expansion into Latin America.
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Financial intermediation is second largest contributor to Bermudan economy
Bermudas financial intermediation sector generated $684.3m in 2010, according to Bermuda government
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Survey: Hong Kong and Singapore join London and New York as ‘global leaders’
Hong Kong and Singapore have joined London and New York as “global leaders” in the financial centre firmament, according to the authors of a recent ranking of world financial centres.
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Bermuda signs nine tax agreements
Bermuda has signed eight new tax information exchange agreements (TIEAs) with seven Nordic countries and a ninth with New Zealand.