77085 results returned for search: "" category "Business"
Butterfield Bank’s initial public offering of shares on the New York Stock Exchange is scheduled to take place this morning.
Last night the bank announced that the 10.6 million shares to go on sale will have an asking price of $23.50 per share — repr...
DATE: Sep 16, 2016
|
CATEGORY:
International Business
|
Law firm Marshall Diel & Myers was yesterday crowned Bermuda’s top employer.
The Hamilton company topped the rankings in The Bottom Line Top Ten Employers Awards.
Adam Richards, appointed managing director of the firm this month, said: “We are very s...
DATE: Sep 16, 2016
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Businessman Amre Elsayed has spent decades in the restaurant business.
But now he’s struck out on his own with a new takeaway with a touch of class and a flavour of the east.
Casablanca, named after the Moroccan city, offers traditional Middle Easter...
DATE: Sep 16, 2016
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank shares surged more than 25 per cent in Bermuda Stock Exchange trading today as the bank launched its $250 million initial public offering on the New York Stock Exchange.
The bank closed up $4.95 at $24.25, as 172,756 shares were exch...
DATE: Sep 16, 2016
|
CATEGORY:
Bermuda Stock Exchange
|
Butterfield Bank got off to a flying start with its initial public offering of shares in New York this morning.
After Michael Dunkley, the Premier, and Michael Collins, Butterfield’s chief executive officer, rang the opening bell at the New York Sto...
DATE: Sep 16, 2016
|
CATEGORY:
International Business
|
Somers Ltd, parent company of Bermuda Commercial Bank, intends to buy a majority stake in Australian financial institution Resimac Ltd for $88.5 million.
The Bermudian-based company announced it had agreed to acquire a 79 per cent stake in Resimac f...
DATE: Sep 16, 2016
|
CATEGORY:
International Business
|
Bottom Line Magazine: Bermuda’s Top Ten Employers ( Photograph by Akil Simmons)
DATE: Sep 15, 2016
|
CATEGORY:
Other
|
A major conference on the state of the reinsurance industry is to be held in November.
Bermuda Reinsurance, the eleventh of its kind to be held on the island, will feature top figures from the industry discussing issues like the impact of the UK’s de...
DATE: Sep 15, 2016
|
CATEGORY:
Other
|
The insurance industry has to get leaner and make greater use of technology, according to industry veteran Brian Duperreault.
Mr Duperreault, chairman of Hamilton Insurance Group, said: “Our delivery of our product is grossly over-expensed.
“We are n...
DATE: Sep 15, 2016
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A former top US basketball player and a writer for hit cartoon show The Simpsons are to take part in an alternative investment conference at the end of the month.
Ex-Baltimore Bullets and New York Knicks player Earl “The Pearl” Monroe, now an entrepr...
DATE: Sep 15, 2016
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
