year to June 30 blames the stock market for the decline in the net asset value per share, which dropped 2.4 percent or $0.24 to $9.93 from $10.17 in the twelve month period.
The fund at the end of the...
$200,000, what it cost them for the "refocussing'' of its London-based activities nine months ago.
The poor operating performance of Butterfield Securities, the London-based investment management and ...
allowing it to provide investment advisory and management services to local companies and trustees.
Schroders (Bermuda), the subsidiary of leading merchant and investment banking group, Schroders Plc,...
replaced the Englishman with a Bermudian woman.
The move came after the firm brought the respected marine underwriter to Bermuda less than nine months ago from London.
Mr. Charles Becker told The Roya...
An agreement has been reached to sell upscale women's boutique chain Cecile to the owners of the English Sports Shop chain.
But six weeks after the deal was signed between TESS Ltd. and Cecile owner L...
Bermuda-based OIL Insurance Ltd., is proposing substantial improvements to its products, including increases in loss limits.
The company has called for a special shareholders meeting next month to con...
More than three out of every four dollars that the Bank of Bermuda earns in revenue from Bermuda operations comes from international business.
And the bank's total revenues substantially increased by ...
first time.
Comerica Trust Company of Bermuda Ltd., a subsidiary of Comerica Bank in Detroit, Michigan, will offer trust services for captive insurance companies and offshore mutual funds.
The Detroit...
Local arts patron and Bermuda land owner, Mr. Christopher Ondaatje, has sold controlling interest in Toronto-based investment banking company, The Ondaatje Corporation, for more than Cdn$45.5 million ...
it may not proceed with its planend $100 million public debt offering for subsidiary, Sphere Drake Plc.
In May, Sphere Drake announced the filing of a registration statement with the Securities and Ex...