The overall balance of payments picture shows a healthy current account surplus of $51 million to the end of the third quarter, in just released figures by the Bermuda Monetary Authority (BMA).
The su...
The three largest shareholders of BCM Holdings Ltd. have purchased the company's construction and mill business.
BCM Holdings president Mr. Alan Burland, chairman Mr. John Burland and senior manager M...
with an investigation into the Bermuda Bakery Ltd. has not contravened any provision of his Police bail, contrary to broadcast reports.
And Police said they do not consider the man, believed to be for...
marketed by Bermuda Asset Management (BAM), custodied by the Bank of Bermuda and managed by Bermuda exempt company, INVESCO Global Asset Management (IGAM).
The INVESCO Prime Money Market Fund is an in...
Captive insurers have intense lobbying on their behalf underway in Washington this week against White House budget proposals that would significantly affect Bermuda's captive insurance industry.
At is...
Financial irregularities concerning the Bermuda Bakery Ltd. have been the subject of a fraud investigation for weeks, Police confirmed yesterday.
And Police officials said an employee of the company w...
The Bermuda Press (Holdings) Ltd. yesterday reported profits at the printing and newspaper company fell more than 16 percent to $1,027,800 in 1995.
Operating profits for the year ending September 30 d...
Trading in Bermuda Bakery shares on the Bermuda Stock Exchange was suspended yesterday after the long-time bakery cited irregularities related to its share register.
The suspension, announced by the E...
The Bermuda Monetary Authority may have boosted the image of Bermuda institutions that have offices in the Far East through meetings with regulators and supervisors of Asian financial institutions. In...
After a relatively profitable last few years, the rates for property catastrophe reinsurance, much like other lines of business, have continued to soften.
It is a time that the market looks for underw...
