75908 results returned for search: "" category "Business"
Clarien remained the most heavily invested of Bermuda’s banks in loans to customers at 77 percent of assets, according to the 2014 KPMG in Bermuda Banking Survey, which is out today.
The report contains the results of KPMG’s annual survey and analysi...
DATE: Jul 17, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Somers Ltd, a financial services investment holding company, has announced the appointment of Charles Jillings as a director.
Mr Jillings is a director of ICM Ltd, the company’s investment adviser. He is a chartered accountant and previously worked i...
DATE: Jul 17, 2014
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CATEGORY:
Local Business
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The Royal Gazette/Bermuda Stock Exchange closed down 9.51 yesterday, ending at 1,370.11. Share volume for the day stood at 75,206 shares, which traded at a value of $172,883.94.
The utilities sector was active with 4,400 shares in Ascendant Group L...
DATE: Jul 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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Future hospital rates will phase out the distinction between public or private hospital rooms and insurers may have to abandon charging a premium difference.
Hospital patients using the new acute care wing of King Edward VII Memorial Hospital will al...
DATE: Jul 16, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
An American Charity has been formed to raise funds to support King Edward VII Memorial Hospital — a fund supported by former New York Mayor Michael Bloomberg and led by a former Bermuda insurance executive, Jerry de St Paer, who worked for XL Capital...
DATE: Jul 16, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Ascendant Group Ltd was the biggest mover on the Bermuda Stock Exchange today, climbing four percent.
The owner of electricity company Belco gained 25 cents on the trading of 4,000 shares to close on $6.50.
Butterfield Bank’s eight percent preference...
DATE: Jul 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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Somers Ltd, parent company of Bermuda Commercial Bank has completed a 3.25 million-euro ($4.4 million) investment in Ireland-based Merrion Capital Holdings Ltd.
Somers, a Bermuda Stock Exchange listed company, said today that it had received approval...
DATE: Jul 16, 2014
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CATEGORY:
Local Business
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Morgan’s Point owners are in a race against time to complete the first phase of development by the end of 2016, with their fingers crossed at the possibility for an America’s Cup in the Great Sound in the summer of 2017.
The significant building proj...
DATE: Jul 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
From Paris and other European capitals to New York, this recently opened store has the hat, the shirt, the shorts and the shoes for the elegantly-dressed man who’s got flair, or the high fashion guy who likes well-made clothes and has an eye for deta...
DATE: Jul 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
It may be a case of now or never for Aspen Insurance Holdings shareholders considering whether or not they should support Endurance Specialty Holdings’ hostile takeover bid.
Yesterday, Endurance chairman and chief executive officer John Charman said ...
DATE: Jul 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
