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Shares of LOM Financial Ltd and BF&M Ltd fell in Bermuda Stock Exchange trading. LOM, a broker-dealer and investment firm, fell three cents, or 1.1 per cent, to close on $2.72 on the trading of 37,900 shares. Insurer BF&M slipped 20 cents, or 1.1 per...

Butterfield Bank will reduce its banking hours at all three local branches during the Covid-19 pandemic. Effective on Wednesday, until further notice, the Reid Street, Hamilton, St George and Somerset banking centres will operation from 9am to 1pm, M...

HSBC Bermuda’s Harbourview branch will be open for limited hours, effective today. In response to the Covid-19 pandemic, the centre’s hours will be 9am to 1pm until further notice. “For the safety of clients and staff, we will continue to restrict...

The Royal Gazette/BSX Index fell more than 8 per cent as three stocks suffered sharp falls in Bermuda Stock Exchange trading. Butterfield Bank suffered the biggest slump, falling $2.70, or 14.2 per cent, to close on $16.30 on the trading of 250 share...

Clarien announced that banking operating hours will be amended in order to provide essential banking services only. Only the bank’s Hamilton branch on Reid Street, will be open. Effective March 25, opening hours will be 9am to 1 pm. The bank added ...

Shares of One Communications Ltd gained 6.7 per cent in Bermuda Stock Exchange trading. The telecommunications group gained 25 cents to close at $4, a 52-week high, on the trading of 12,000 shares. One was the only stock to trade as The Royal Gazette...

Global specialty re/insurer Canopius Group Ltd has acquired a majority stake in Bermudian-based specialty reinsurance group MultiStrat Holdings Ltd. MultiStrat will continue to operate autonomously and will retain its brand, the company said. Michael...

The annual general meeting of Ascendant Group Ltd, scheduled to be held March 27, has been postponed due to the Covid-19 pandemic. The board of directors of Ascendant, which includes power utility Belco among its holdings, said in a letter to shareho...

The completion of the deal to buy out Bermuda Commercial Bank will be delayed, probably into the summer. Somers Ltd, a financial-services investment holding company, agreed last year to sell BCB to Permanent Capital Holdings Ltd and last month the de...

No shares traded on the Bermuda Stock Exchange, as The Royal Gazette/BSX Index remained unchanged on 1,572.57. The US-listed shares of Butterfield Bank slid $1.26, or 6.59 per cent, to close on $17.86 on the New York Stock Exchange. The bank has fall...