1710 results returned for search: "" category "Business" author Jonathan Kent
Bermuda Press (Holdings) Ltd.'s profits fell by more than a third in the year ended September 30, 2008, as expenses rose and the company felt the impact of a Government withdrawal of advertising.
In the company's joint statement to shareholders, pres...
DATE: Mar 13, 2009
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Jonathan Kent
The new man in charge of Schroders' Bermuda office is aiming to double the revenue from the unit's private-equity servicing business by 2011 and also significantly boost its investment management business.
David Burns, who arrived from London to take...
DATE: Mar 12, 2009
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Jonathan Kent
Fitch Ratings yesterday downgraded Butterfield Bank's long-term debt rating from A to A-, citing a $121 million charge in the fourth quarter of last year relating to US mortgage-backed securities.
Fitch also affirmed Butterfield's short-term customer...
DATE: Mar 11, 2009
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Jonathan Kent
Bank of Bermuda chief executive officer Philip Butterfield is unconcerned by major local rival Butterfield Bank getting a helping hand from Government to boost its capital base.
The deal which saw Government guarantee the principal and dividends on $...
DATE: Mar 11, 2009
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Jonathan Kent
Butterfield Bank is hopeful that a substantial portion of the $200 million of preferred stock it is issung with Government guarantees will be subscribed by private buyers.
In an historic agreement announced last Friday, Government agreed to guarantee...
DATE: Mar 11, 2009
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Jonathan Kent
BF&M Ltd. chief executive officer John Wight says training to be a chartered accountant is well worth the effort — despite the widespread job losses seen in the financial sector in recent months.
Mr. Wight, who is chairman of the Institute of Charter...
DATE: Mar 10, 2009
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Jonathan Kent
Businessman and former Premier Sir John Swan approves of the capital-raising deal between Butterfield Bank and Government - so much so that he intends to invest in it.
Sir John yesterday said the $200 million of preferred stock being sold by Butterfi...
DATE: Mar 10, 2009
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AUTHOR:
Jonathan Kent
Almost three-quarters of the Bank of Bermuda's employees are women — and chief executive officer Philip Butterfield wants to see more female representation in the upper echelons of management.
The bank has introduced several means of encouraging its ...
DATE: Mar 06, 2009
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AUTHOR:
Jonathan Kent
Bank of Bermuda's net profits rocketed by more than 20 percent last year, the HSBC-owned institution has announced.
The bank's consolidated net profit for 2008 soared to $348 million, up 21 percent compared to the previous year, when the bank made $2...
DATE: Mar 06, 2009
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AUTHOR:
Jonathan Kent
XL Capital Ltd. chairman Brian O'Hara will not stand for re-election to the company's board of directors at next month's annual general meeting.
The announcement marks the end of a 23-year association between the Bermuda business insurer and Mr. O'Ha...
DATE: Mar 06, 2009
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AUTHOR:
Jonathan Kent
