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Pages in category "Financial services companies of Bermuda" ... Somers Limited This page was last edited on 18 January 2020, at 02:26 (UTC). ...
In 2014, an investment fund sponsored by Brookfield Corporation acquired Capital Automotive and its portfolio of 450 triple-net-leased automotive dealerships in the U.S. for $4.3 billion. [56] In 2022, it was sold to a fund managed by Ares Management. [57]
Bermuda is an associate member of CARICOM. Bermuda's economy is based on offshore insurance and reinsurance, and tourism, the two largest economic sectors. [1] [2] Bermuda had one of the world's highest GDP per capita for most of the 20th century [3] and several years beyond. Recently, its economic status has been affected by the global recession.
Butterfield, officially The Bank of N. T. Butterfield & Son Limited, is a financial services company founded and headquartered in Bermuda.It provides services to clients from Bermuda, the Cayman Islands, Guernsey and Jersey, where its principal banking operations are located, and The Bahamas, Switzerland, Singapore and the United Kingdom, where it offers specialized financial services.
An October 2000 KPMG report titled "Review of Financial Regulation in the Caribbean Overseas Territories and Bermuda" stated that the island's legislative framework was not compliant with international standards, which led critics to conclude that Bermuda is committed to the facilitation of money laundering and other financial crimes. The ...
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Somers Limited is an investment holding company based in Hamilton, Bermuda. [1] Its shares are traded on the Bermuda Stock Exchange. [2]Somers Limited is a financial services investment platform, and the company targets investments primarily in the banking, wealth management and asset financing sectors.
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