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Shares of Butterfield Bank fell by 32 cents, or 0.87 per cent, to close at $36.58 on the New York Stock Exchange. Meanwhile, a total of 100 shares of BF&M Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $16.20. T...

The psychology surrounding stock-market declines and recoveries is fascinating. Any time markets retreat even a little bit, the noise surrounding the event begins to swell. Given how frequently markets twist and turn, you might expect people would be...

Dear Dave, I have my own small business. My annual sales are just over $100,000, and I have a couple of months in administrative and general expenses set aside. Should I have an emergency fund for my company, too? If so, how much? — Taylor Dear Tayl...

Shares of LOM Financial Ltd gained 10 per cent in Bermuda Stock Exchange trading on Thursday, while more than $1.1 million worth of Butterfield Bank shares also changed hands. The BSX was closed yesterday for the Good Friday holiday. LOM, the investm...

Volatile weather events that brought extreme flooding to North America, Southern Africa and Asia caused economic losses estimated at up to $8 billion in March — including up to $1 billion of insured losses in the US. In light of the sizeable impact o...

Eleven people have lost their jobs, and 30 more have accepted early retirement packages, in sweeping changes at Butterfield Bank. The 11 positions were made redundant over two departments, the bank said in a statement released yesterday morning by th...

A stream of customers arrived at Rosebank banking centre on Bermudiana Road yesterday morning, nearly all of them unaware that Butterfield Bank had announced its closure earlier in the day. Maria Medeiros, of Paget, tried the main door, stepped into ...

Shares of BF&M Ltd rose by 20 cents, or 1.3 per cent, to $16.20 after 2,900 traded on The Royal Gazette/BSX Index. Also gaining were shares of Ascendant Group, parent company of Belco, which were up 25 cents, or 1.4 per cent, at $18.25 after 854 chan...

Being on an EU blacklist, and ten months of declining retail sales, are among the chief concerns for businesses on the island, according to Dennis Fagundo, the new president of the Bermuda Chamber of Commerce. The joint manager of D&J Construction ha...

One Communications Ltd has announced a dividend of 8 cents per share. The telecommunications group said in a filing with the Bermuda Stock Exchange that the dividend will be payable on May 15 to shareholders of record on April 30. Frank Amaral, the O...