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Island's top supervisory and regulatory agency for financial institutions. After more than 26 years in operation, the Bermuda Monetary Authority (BMA), the closest thing in Bermuda to a Central Bank, has purchased a building that they can occupy for ...

multi-storey car park. The issue pays an attractive eight-percent per annum on certificated bonds purchased at $2,500 each in Bermuda dollar or US dollar currency, through to the maturity date of October 20, 2010. The bonds are to be listed on the Be...

the more than $6 million multi-level car park. The bond is expected to be launched early next week. City officials said yesterday that the public will be advised of details of the offering in the week ahead. Meanwhile, there were indications that the...

but substantially scaled back what liquidators for his Focus group of insurance companies wanted. And the British businessman, whose appeal to the Privy Council against an "Unless'' order failed this summer, has taken his case to the European Commiss...

Insurance, was the target of a writ filed this week in Supreme Court by Belvedere's former vice president and treasurer, Ms Vanessa Ellen (Johnson) Thomas. The writ is the latest action in a long-running legal battle between Ms Thomas and Belvedere, ...

very positive development, said Bank of N.T. Butterfield & Son chairman, Sir David Gibbons. "There is no doubt in my mind that all that Press must be a very, very good thing for Bermuda and the continuing development of international business,'' Sir ...

publicity over the past week in business publications on both sides of the Atlantic. Bermuda International Business Association deputy chairman Mr. Glen Titterton said yesterday that editorials in the Financial Times and the European edition of the W...

The administrator of Bermuda-based mutual fund RCM Global Long Term Capital Appreciation Ltd., yesterday sought clarification of the fund's status, pending a court hearing scheduled for September 28. A decision was handed down Friday by a New York ju...

A complaint from telecommunications carrier, Cable & Wireless, against the Bermuda Telephone Company Ltd. (Telco) will likely go to the Telecommunications Commission for an inquiry. The complaint, sent to Minister for Management & Technology the Hon....

Independence referendum was over. The Chamber of Commerce said the failed Independence initiative sendt "a strong and clear signal: Now is not the time for independence.'' The Chamber noted its pre-referendum survey results that 95 percent of its me...