1648 results returned for search: "" category "Business" author Scott Neil
Shares of Argus Group Holdings Ltd fell by 84 cents, or 20.9 per cent, to $3.20 after 33,000 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, Butterfield Bank shares were down $1.47, or 5.29 per cent, at $26.30.
The Royal Gazett...
DATE: Oct 27, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Third Point Reinsurance Ltd will hold a special general meeting of shareholders to allow them to vote on matters in connection with its announced merger with Sirius International Group Ltd.
The merger is expected to close in the first quarter of 2021...
DATE: Oct 27, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Brian Duperreault is to vacate his position as chief executive officer of American International Group and become executive chairman.
He will be succeeded by AIG president Peter Zaffino on March 1.
Mr Duperreault, who was born in Bermuda, is a vetera...
DATE: Oct 26, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermudian-based container company Triton International Limited made a profit of $45.9 million, or 67 cents per diluted share, in the third quarter.
That included a $24.3 million write-off of unamortised debt and other costs related to the prepayment ...
DATE: Oct 26, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
Butterfield Bank shares jumped $2, or 7.7 per cent, to $28 after 401 traded on The Royal Gazette/BSX Index.
In New York, the bank’s shares were up two cents, or 0.07 per cent, at $28.28.
On the local exchange, a total of 2,332 shares of BF&M Ltd were...
DATE: Oct 23, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
A total of 50,985 shares of Shore Capital Group Ltd traded on the international companies listing of The Royal Gazette/BSX Index. The shares closed at $1.60.
Among the domestic companies, BF&M Ltd shares were down five cents, or 0.3 per cent, at $18....
DATE: Oct 22, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Thousands of Bermuda residents have dipped into their pension pots, taking out an average of $7,000 to $9,000 to help them through the economic downturn caused by the Covid-19 pandemic.
And a local pension company estimates that a quarter of its memb...
DATE: Oct 22, 2020
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Shares of Argus Group Holdings Ltd improved by 12 cents, or 4.3 per cent, to $2.93 after 63,270 were traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, shares of Butterfield Bank were up 54 cents, or 2.02 per cent, at $27.21.
The ...
DATE: Oct 21, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Stephen Catlin, the chief executive officer and chairman of Convex, is on the new advisory board for Whitespace, a fully digital e-trading platform for brokers and insurers.
London-based Whitespace has a number of clients in Bermuda, and in an interv...
DATE: Oct 21, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A company that has a licence to operate a cryptocurrency exchange in Bermuda is looking at the potential for issuing a digital token backed by Bermuda dollars.
Bittrex Global has been discussing the possibility with the Government and a bank in Bermu...
DATE: Oct 21, 2020
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CATEGORY:
Technology
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AUTHOR:
Scott Neil